Ambassador Karl-Otto König in Panama
What issues are now moulding shared family between Germany and Panama?
We demeanour on Panama as a like-minded partner that is committed to a same values as we are and is an critical co-operator in many areas in a region. Panama is a many complicated and many globalized economy in Latin America. Economic expansion has averaged 8.2 per cent over a final fifteen years, according to a Panamanian Foreign Ministry, a figure that other countries can usually dream of. The mercantile intensity of a nation and a stress as a informal business plcae for a German economy are of march dual critical priorities.
What special ties are there between Panama and Germany, and in that areas would we like to lower a relationship?
For Panama and Germany, 1989 was a pivotal year. In Germany it was a year that a Wall fell. In Panama a American advance overthrew a tyrant Noriega. Since afterwards both countries have been building boldly and are requesting a knowledge gained in their mutation processes to a general context. Panama’s lapse to democracy is an model success story. Our dual countries share a joining to democracy, tellurian rights and an open marketplace economy.
The German participation in Panama has grown solemnly though steadily. This can be seen from a augmenting series of members in a Chamber of Commerce. The intensity is distant from exhausted. It’s usually a doubt of time before this is also reflected in a informative relations. A initial step here is a announced initial of a German private school, that will embark subsequent propagandize year with some primary propagandize classes.
Recently Panama has mostly been in a concentration of a news. In Apr 2016 what are called a “Panama Papers” suggested financial malpractices to a public. What has a Panamanian supervision finished to tighten these loopholes? And was or is Germany assisting in this in any way?
The publications have exceedingly shop-worn Panama’s repute as a heart of finance. President Varela began 2014 with a guarantee to fight crime and strengthen Panama’s station as a financial centre opposite abuse. The initial reforms to forestall income laundering and a financing of terrorism went in a right direction. Panama was private from a FATF list of disinclined countries. Following announcement of a “Panama Papers” Varela’s supervision undertook dual things: first, it allocated an general commission, underneath a chairmanship of a American Nobel laureate in economics Professor Stiglitz, to investigate a loopholes in a regulations and introduce reforms by a finish of a year. Then Panama announced a eagerness to a OECD to determine to an involuntary comparison of taxation information with several OECD members on a shared basis. Still, in annoy of all a reforms, many stays to be finished to recover a trust of general partners. Between Panama and Germany, too, there are specific negotiations underway to arrange an involuntary taxation information comparison as partial of a taxation agreement. In this, Germany, as an OECD country, is happy to make a imagination in a margin accessible to Panama.
In Jun 2016 a new Panama Canal was non-stop and already in Mar there was a initial approach Lufthansa tie between Frankfurt-Panama. What effects has this had on a mercantile family between a dual countries?
Next to a Suez Canal, a Panama Canal is a many critical current in a world. Panama has now modernized a canal. Today ships carrying 3 times a bucket they carried before can pass by a canal. This will have inclusive consequences for East-West trade between Asia and a United States as good with Europe. At a same time, a infra-structure of a applicable ports, not usually in Panama though in a whole region, is being accordingly upgraded, and a ride of glass gas by a Panama Canal should boost significantly. This has non-stop many opportunities for a German economy, generally for a shipbuilding attention and logistics experts.
German captains of industry, though not usually them, are happy to be means to get here faster interjection to new atmosphere connections. So distant about 30,000 German tourists have visited this country, that is unequivocally unequivocally appealing for tourism. Their series is expected to increase. Also since of a augmenting series of cruises offered.
The inside and a outward perspective of a nation mostly differ. What, on a basement of your personal experience, should be pronounced about Panama?
In a final decade and a half a roughly 4 million Panamanians have achieved extraordinary things. Panama City has done itself into one of a many complicated capitals of a continent. The skyline is monumental and casts a spell over each visitor. It is a counterpart of a use society. According to a World Bank, Panama has grown into a heading logistics dilettante in Latin America. It is a heart of general nautical and atmosphere transport, and an critical trade centre, with a world’s second largest giveaway trade section in Colón. The United Nations handles a general charitable assist around Panama, and it is a UN’s largest plcae in Latin America. Here you’ll find a many complicated ports in Latin America, and a whole canal-related infra-structure is being stretched and linked. For instance, a subterraneous is usually now being extended with a second and third line. A sum of 8 lines are planned.
And a nation is also an appealing traveller destination, with a unequivocally good traveller infrastructure and good healthy beauty. The island universe is fascinating. If we like jungle, you’ll get your money’s worth. And for towering hikers too a nation is an El Dorado. Eco-tourism is unequivocally removing into stride. And whoever has a good happening to suffer a crater of Geisha coffee goes into rhapsodies over it. Among coffee gourmets, a Geisha bean, that unfolds a full season usually 1,600 metres up, is regarded as a ne and ultra.
Article source: https://www.deutschland.de/en/topic/politics/germany-europe/ambassador-karl-otto-konig-in-panama