Thursday, December 8, 2022

Trade & Export Co.: Commercial efforts in Panama successful

By on March 29, 2017

Panama City skyline is seen at sunset in Panama, Monday, April 4, 2016. Panama's president says his government will cooperate "vigorously" with any judicial investigation arising from the leak of a vast trove of information on the offshore financial dealings of the world's rich and famous. An international coalition of media outlets Sunday published investigations it said stemmed from the leak of 115 million records kept by the Panama-based law firm Mossack Fonseca on behalf of clients. (AP Photo/Arnulfo Franco)

The Panama City skyline (AP Photo/Arnulfo Franco)

SAN JUAN – A Puerto Rican delegation, made up of companies from the technology, food, construction, accessories and security sectors, managed to establish business relationships that the entrepreneurs said resulted in long-term projections of about $8.4 million, the executive director of the Puerto Rico Trade and Export Co. (CCE by its Spanish initials), Ricardo Llerandi, said Wednesday.

He participated in the Expocomer 2017 international multi-sector fair  that was recently held in Panama.

“This important international event represented an excellent platform to promote trade between business sectors in Europe, Asia and the Americas. The participation of the companies included exhibition in the Puerto Rico pavilion and business appointments with potential clients. This allowed us to promote Puerto Rican products and services in one of the most important commercial events in the region,” Llerandi said in a written statement.

Companies in the service sector stood out in their participation, being able to contribute to important infrastructure projects of the Panamanian government.

“This shows us that the quality and excellence of our services is an exportable product that’s highly valued elsewhere. This performance reaffirms our commitment to continue supporting and developing more and better tools to encourage companies from all economic sectors to export,” the CCE official added.

The executive director also held meetings with the minister of commerce and industry and the director of the U.S. Commerce Department at the U.S. Embassy in Panama. In both meetings, it was agreed to create a work plan for the benefit of Puerto Rican companies, they said.

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