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Panama and Brazil advocate for increasing trade

Panama City, Jan 18 (Prensa Latina) Panama and Brazil are advocating for increased trade, Panamanian President Jose Raul Mulino stressed.

Mulino stated on his X profile that he had a phone call with his Brazilian counterpart, Luiz Inacio Lula da Silva, about this and other issues, in which his possible participation in the International Economic Forum organized by the Development Bank of Latin America and the Caribbean (CAF 2026), to be held in this nation in late January, was addressed.

Both heads of State agreed, during the exchange, on the need to strengthen ties between Latin American countries and underscored the importance of reinforcing the partnership between the members of the Southern Common Market (MERCOSUR) and Panama as a regional logistics hub.

The phone call takes place in the context of the preparations for the CAF summit, which will bring together political and business leaders from Latin America and the Caribbean to discuss economic integration and global challenges.

This exchange also forms part of broader diplomatic efforts to strengthen trade, investment, and cooperation between Panama and Brazil, thereby boosting regional integration.

Mulino attended the signing of the Partnership Agreement between MERCOSUR and the European Union (EU) in Asuncion, the capital of Paraguay, this weekend.

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