Barter is the present and the future of international trade, especially for people who is starting in the import export business. Barter and more: Triangular operations.
Panama signed a free trade agreement with Colombia, making a step forward to join the Pacific Alliance. The agreement was signed by Panama's Minister of Trade and Industry Ricardo Quijano and Colombia's Minister of Trade, Industry and Tourism Sergio Diaz Granados.
The agreement will provide clear rules for their trade exchanges and help improve the business environment, the minister added that the agreement paves the way for Panama to become a full member of the Pacific Alliance, a Latin American mechanism for economic and free trade integration grouping Chile, Colombia, Mexico and Peru.
The signing of the free trade pact between the two neighbor countries was also hailed by the Panamanian side as an important achievement. Panama is now in negotiations with Mexico in a bid to reach another free trade agreement, according to Panama's Minister of Trade and Industry.
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