The Argentine Chamber of Commerce and Services (CAC) received Julio Moltó, Panama’s Minister of Commerce and Industries, on April 9. He was accompanied by Juan Luis Correa, Panama’s Ambassador to Argentina. The meeting brought together officials from both countries to discuss opportunities for cooperation.
Natalio Mario Grinman, president of the CAC, welcomed the Panamanian delegation alongside secretary Ángel Machado. Grinman described the challenges faced by business owners in Argentina, saying that “being an entrepreneur in Argentina is a risky activity.” He also highlighted the resilience shown by the sector and expressed optimism about the country’s direction under its current government. “The world is demanding products from Argentina,” Grinman said while pointing to potential in gas, mining, and oil sectors.
Moltó commented on recent economic improvements in Argentina and compared them with developments in Panama. He explained that when his administration took office they found a struggling economy but have since started a recovery process similar to what he observed in Argentina. Despite a temporary closure of Panama’s main copper mine, Moltó said that favorable conditions remain for international investment. He noted ongoing infrastructure plans focusing on port development and efforts to strengthen manufacturing with support from the private sector as drivers for job creation and growth.
Ambassador Correa pointed out that many members of Panama’s current administration come from private enterprise backgrounds. He emphasized the importance of deepening ties with Argentine businesses. Correa also mentioned two upcoming international events in Panama: the World Free Zones Congress and World of Coffee event, inviting attendees to participate.
The meeting concluded with questions from participants and agreement among officials on continuing efforts to strengthen commercial relations between Argentina and Panama.
