Negotiations over a free trade agreement between Panama and China will begin in July and then talks will alternate between the two capitals every five weeks “to be able to have regular rounds and progress more rapidly. Negotiators are expected to name technical teams that will be charged with discussing details on market access, rules of origin and customs procedures, among others topics.

However, the Panamanian minister did not state for how long the talks would continue but pointed out other treaties with foreign countries have been forged over a period of two years while stressing that on political negotiations. He mentioned Panama had established a direct flight between Beijing and Panama City with a technical stop in Houston, which would operate twice a week.

China has been expanding its influence across Latin America, and Panama is seeking to attract new investment and boost re-exports of Chinese goods throughout the region. It has eleven Free Trade Agreements in operation, with another three under negotiation and another three under consideration.