(Houston Chronicle) COLON, PANAMA - It's like a supersized wholesale club. Shoppers from across Latin America and the Caribbean flock to the Colon Free Trade Zone to buy everything from toys to tools. Instead of leaving with a few shopping bags full of goodies, these buyers typically order 20- and 40-foot-long containers stuffed with items they will resell. Bras, blenders … [Read more...]
Panama’s Free Trade Zone Bustles
(Prensa.com) The idea of then-President Henry A. Jimenez was modest: to create in the province of Colon free trade area to exploit the competitive advantages offered by the proximity of the Panama Canal. But today, after 63 years of that initiative, the Colon Free Zone has become the largest trading area in the western hemisphere. His numbers speak for her: in the … [Read more...]