President  Enrique Peña Nieto received his Panamanian counterpart, Juan Carlos Varela Rodríguez, currently on an official visit to Mexico.

Panama and Mexico have a close relationship, based on a shared approach to global challenges. This relationship dates back over 100 years.

”We are determined to work together; we have a shared vision, we are two consolidated democracies and we are determined to expand our cooperation and trade links”. EPN

New instruments

A number of bilateral cooperation agreements were signed, including the following:

  • In agricultural cooperation, the National Health, Food Safety and Quality Service will donate equipment to Panama to combat the screwworm.
  • The capacities of Panama and Central America will be strengthened to form a biological barrier, to protect livestock in the region.
  • Both countries also agreed to strengthen consumer protection by exchanging public policy experiences in this area.
  • The governments of Mexico and Panama agreed to review customs, fiscal, civil aviation and safety cooperation mechanisms; negotiations will begin to reach an agreement on cooperation and mutual assistance in customs issues.

”Given the recent increase in migratory flows, we confirm our commitment to addressing the phenomenon from the perspective of responsibility and the protection of migrants’ human rights.

Recognizing our strategic position on this issue, Panama and Mexico will work to achieve a Global Pact for Safe, Orderly, Regular  Migration at the United Nations in 2018”: EPN

Commercial relations

  • Mexico is Panama’s third largest trading partner in Latin America and the Caribbean, and its sixth largest worldwide.
  • Mexico is the eighth largest user of the Panama Canal, which undoubtedly makes Panama a hub in the Americas region.
  • There are 100 direct weekly flights between Mexico and Panama.
  • The flow of Panamanian tourists to our country has grown by nearly 30 percent in the past three years.
  • The flow of Mexican tourists to Panama has grown by nearly 20 percent.
  • There is currently a significant presence of Mexican companies in Panama, with an investment of over $2.5 billion USD.

"Panama's valuable contribution to economic development have proved its confidence in free trade and its desire for progress and global development”: EPN

Awards

- The Mexican government presented President Varela with the Mexican Order of the Aztec Eagle, the highest award conferred on foreigners by  Mexico, “Because of our affinity in terms of the causes we defend in the world”.

- The Panamanian government conferred the Manuel Amador Guerrero Award on President Enrique Peña Nieto.