Varela will travel to China together with businessmen to sign several agreements

The president of Panama, Juan Carlos Varela, announced today that the next day 14 will go to China to meet the first official visit of a Panamanian head of state to the Asian giant, during which agreements will be signed in favor of bilateral commercial and cultural integration.

Panama, Nov. 10 (EFE) .- The president of Panama, Juan Carlos Varela, announced today that the next day 14 will go to China to meet the first official visit of a head of state Panamanian to the Asian giant, during which agreements will be signed in favor of bilateral commercial and cultural integration.

"There are already enough agreements agreed and closed for the signed by the competent authorities in Beijing on November 17 (...) that will bring air connectivity, a greater presence of companies in the country, greater connectivity in tourism, cultural, educational, "Varela told reporters Friday.

The Panamanian president, who established relations with China last June to the detriment of Taiwan, said that will depart next Tuesday 14th to the Asian country, accompanied by an official delegation composed of 5 ministers and a business delegation invited by the Panamanian Ministry of Commerce and Industries (MICI).

"There will be important events in China, very punctual, events that will bring the private sector closer, which will promote Panama touristically (...) that are going to both in the city of Beijing and in Shanghai, in the first time that a president of Panama visits China and based on the new relations, "he said.

China is the second user in importance of the Panama Canal, where 6% of world trade passes, and it is the first supplier of the Colon Free Zone (CFZ), the largest in the hemisphere located in the Caribbean Panamanian.

The Chinese Foreign Ministry has already announced that the official visit of President Varela will take place between November 16 and 22.

Varela will make the visit at the invitation of Chinese President Xi Jinping, who will offer a welcome ceremony for the Panamanian president, with whom he will talk and attend an act of signing agreements, Chinese Foreign Ministry spokeswoman Hua Chunying said.

Varela is also scheduled to meet with Chinese Premier Li Keqiang in Beijing and travel to the city of Beijing. Shanghai, the economic capital of the Asian giant, detailed the Chinese spokeswoman.

"Since we established our diplomatic relations about five months ago our relations have detached, "said Hua, who highlighted the establishment of embassies in both countries and the promotion of trade and investment cooperation.

The Panamanian embassy in Beijing was opened on July 25 and the Chinese in the Panamanian capital on September 17 as part of a visit to the country of the Chinese Foreign Minister, Wang Yi, during which the Negotiations of about twenty agreements.

"We are very well complemented in our development and we must accelerate it," the Chinese spokeswoman said at a press conference. she was convinced that Varela's visit will allow promoting "friendly interactions" and obtain "greater benefits" for Panama and China.

The first Chinese ambassador to Panama, Wei Qiang, said on October 23, when he delivered his credentials, that for his country Panama represents an important logistic-commercial and financial hub "

Wei added that he intends "promote pragmatic cooperation" with Panama, "given that it is the most important center in Latin America for the transshipment of goods" and by the operation of the Interoceanic Canal, according to He then reported a statement from the Panamanian Foreign Ministry.

The Panamanian Government, meanwhile, has highlighted the opportunities that represent the gigantic Chinese market for the country, and He has even mentioned the possibility of negotiating a free trade agreement.

"Until today the Republic of Panama lacked diplomatic relations with the People's Republic from China, a State that alone represents 20% of the world's population and constitutes the second largest economy in the world. I could continue to perpetuate, "declared Varela when announcing the new bilateral diplomatic status.

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