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The landmark deal is expected to add at least £270 million a year to the Scottish economy, with food and drink and renewable energy businesses set to benefit.
Running throughout the summer, Charterhouse Lombard is offering cost-effective setup packages with the option of buying a multi-year license at a significant discount. Get in touch with us today to ask about:
A Joint Statement between the United Kingdom and Thailand concluding the first Joint Economic and Trade Committee
Documents containing treaty information and a summary of the UK-Andean countries trade agreement.
The International Trade Secretary hosts high-level talks on how the international community can help rebuild Ukraine after the conflict.
Doing Business In Panama
Panama has a solid foundation of economic and political stability. Panama grew at 8.4% in 2013 – the second-fastest growth rate in Latin America and the Caribbean.
Average growth over the past decade has been 8.7%, Latin America’s fastest, including 3.9% during the global slump in 2009. Thanks to good macroeconomic policy making, it has a history of low unemployment (currently 4.1%), and low inflation (4%). An upper-middle income country, it has free-flowing capital and attracts one of the highest rates of FDI in Latin America at 11.7% of GDP in 2013, compared to Mexico’s 1.3%. Between 2007 and 2013 Panama doubled its GDP.
With the Panama Canal expansion works going into full gear, the construction of a Metro system in Panama City and several large infrastructure projects such as roads, convention centres, hospitals, utilities and social housing, growth is expected to remain strong over the coming years, although lower than in the past five. Panama is a hot destination for foreign investment, with the UK being the second largest investor. Panama is a hub for air travel, maritime transportation, financial services, telecommunications, distribution of goods and regional headquarters.