Panama-Cabei Become Strategic Partners

Panama has advanced in its path towards joining the Central American Bank for Economic Integration (Cabei) by becoming a “strategic partner” of the Bank. Panama is looking to access financing opportunities to help with projects such as the widening of the Canal, stimulating growth in sectors such as tourism and energy, and improving human resource skills. Panama will become a non-regional member of Cabei and non-founding beneficiary before the end of the year with a contribution of $58.6 million.