Published On: Mon, Nov 10th, 2014

Cuba and Panama to boost bilateral trade

panama-cuba_tradeHAVANA, Cuba - Cuba and Panama on Friday signed in Havana the first modifying protocol of the partial scope agreement, which will contribute to boost commercial relations between the two countries.

Given the advantages they offer, the new bilateral projects will contribute to increase the presence of a large amount of Cuban products in the Panamanian market, asserted Panamanian minister of trade and industries, Meliton Garrocha.

Garrocha and Rodrigo Malmierca, Cuban minister of foreign trade and investment, signed the document during the official inauguration of that Panama’s pavilion at the 32nd edition of Havana's International Trade Fair (FIHAV 2014).

The protocol makes modifications to the custom preferences of assets, develops new disciplines on industrial property and royalties, as well as with respect to science, technology and the environment.

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