Panamanian Growth Celebrated by Torrijos and Rice

According to a press release issued by the Panamanian government,

Late last week, meetings were held between U.S. Secretary of State, Condoleeza Rice, and Panama President Martin Torrijos in order to discuss common interests between the two countries.

The meeting, entitled the Pathways to Prosperity in the Americas”, or PPA, were held in Panama City. The purpose of the meeting was to promote cooperation and economic growth in the Western Hemisphere through free trade and open investments. The conference hosted ministers of foreign affairs and commerce from Canada, Chile, Colombia, Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras, Mexico, Panama, Peru and the United States.

Secretary Rice thanked Torrijos for hosting the meeting, stating, “I want to thank you and congratulate you too on the great progress that Panama has made during your presidency. We can see the extraordinary growth here in Panama City. We see the project that will expand the Canal. And I also want to congratulate you on the improvement in social indicators on poverty. I know that this is something that was dear to your hear when you became President, and it is very good that you have delivered so much for the Panamanian people. And again, Panama is an example of what can happen when trade and investment and policies for good governance come together to bring social progress for the people”.

Panama has seen 23 consecutive quarters of economic growth!!! Visit our site at panama-land-for-sale.com to read about living or retiring in Panama and to see our unbelievable Panamanian properties for sale!