PanamCham

	President´s Letter, April 2008 As I prepared my 11 year old son for his first day of school, we started talking about his future and the great things he can accomplish if he puts his mind to it. After reflecting on our conversation, my son stared at me as he whispered: Dad, what future? What about global warming? Continue Reading...

	President´s Letter, March 2008 US investment in Latin America is calculated at US$353 Billion, and exports of goods of services from Panama to the US represent more than 40% of Panama’s total exports. Increasing trade and investment between Panama and the US, the biggest market on earth, will certainly make for a more robust economy impacting the quality of life. Continue Reading...

	President´s Letter, February 2008 Panama is developing rapidly. Last year our growth went above 10%, and we expect significant growth to happen consistently in the years to come. Visitors to our country are always amazed at the view they have; particularly, if they have not been in Panama for a while or if they have not been in Panama at all. Panama is truly the place to be, and this is the time for big opportunities. With that steady and significant growth come important decisions to make. We need to re-visit our planning for the future. The growth we experience goes beyond our optimistic projections of past years. Continue Reading...

	President´s Letter, January 2008 We start 2008 with great excitement at AmCham. Our commitment to strengthening small businesses, influencing education and bringing foreign investment to Panama is stronger than ever. Continue Reading...

	President´s Letter, December 2007 This has been a busy year for AmCham Panama. Our charter requires that we work with the governments of the US and Panama to facilitate growth of our members and business between the two countries. We have done that. Continue Reading...

	President´s Letter, November 2007 Panama’s growth rate exceeded 9% during the first half of this year, and although there are indications that it could slow somewhat, the forecast is for it to remain above 8.5% in 2008 and begin climbing again in 2009. Continue Reading...

	President´s Letter, October 2007 We are nearing the end of the effort to ratify a Trade Promotion Agreement between Panama and the US, but there is still more work to be done and a few challenges to overcome in the process. Continue Reading...

	President´s Letter, September 2007 The real estate collapse in the United States has been of concern to the large number of Panamanians that own homes and apartments in the US. In Panama, construction is booming, materials are becoming scarce and prices are rising rapidly. But the system is basically sound. The majority of projects is viable and will come to fruition. Continue Reading...

	President´s Letter, August 2007 President Martín Torrijos called the National Assembly of Panama into Extraordinary Session on (appropriately) July 4 to consider the Panama-US TPA. On July 11, the Assembly voted overwhelmingly, 58-4, to approve the agreement, sending the strongest signal to the US Congress that Panama was ready to move bilateral commercial relations to the next level. It is now up to the US Government to acknowledge this commitment and reciprocate. Continue Reading...

	President´s Letter, June 2007 We are coming to the final stages of the negotiations for a Trade Promotion Agreement (PTPA) between the United States and Panama, but there is a lot still to be done. While it now appears that there is an agreement between the Democratic Congress and Republican Administration in the US over the issues of labor, the environment and intellectual property, permitting President Bush to sign the PTPA on June 28th, experience tells us that we will have to keep up the pressure to make sure that the naysayers do not get the upper hand. This will require a consistent lobbying effort in Washington over the next several months. Continue Reading...

	President´s Letter, May 2007 Beginning this month, AmCham will provide scholarships to young Panamanian students to live, work and study in the United States. This is a chance to make a difference in the relationship between Panama and the US, by helping a new generation foster understanding between our two nations and their peoples. Continue Reading...

	President´s Letter, April 2007 We have just been through a whirlwind first quarter in 2007. For the first time, we had a net increase in membership during the first quarter of the year. Board members traveled to Miami for the February AACCLA reunion, and turned around the next week to help host a reception and luncheon at the US Chamber of Commerce in Washington for the President of Panama, sponsored by AmCham members.The Deputy US Trade Representative visited Panama and spoke at an AmCham reception. In all, we held eight events, one of them the first of five trade missions already programmed to visit us during the year--a record. Continue Reading...

	President´s Letter, March 2007 The process for a Trade Promotion Agreement (Free Trade Agreement) between Panama and the US is in the final stages. However, we still have an arduous task in front of us, and we will need the steadfast support of each and every member of our organization to make sure that this TPA is passed. Continue Reading...

	President´s Letter, February 2007 Each month, this magazine will take a look at a separate sector of the Panamanian economy, to see where the country is heading and to reinforce the seriousness with which Panamanians take their business and their relationship with the rest of the world. Continue Reading...

	President´s Letter, January 2007 Panama is rapidly becoming THE destination for business, transportation, tourism, and living. We need to help it grow in a way that maintains the quality of life for us and for future generations. Continue Reading...

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