Joint Press Conference by HR/VP Josep Borrell and the Foreign Minister of Panama Erika Mouynes, during the former's visit to Panama on 02 May 2022.
Now I just want to point out the importance of Panama as a forum for political stability in the region,. As I said before, tomorrow, a meeting of enormous importance will take place because the geographical and political extension it has does not need to insist on the strategic position that panama has. That makes it a key player in the region and therefore will have an important part in the development of our global strategy.
The global gateway that aims to reinforce the construction of connectivity infrastructures,, not only physical but also digital, panama, is undoubtedly a country with a huge future, and we want to share it. Our commercial relationship is very important. Last year it exceeded three billion euros and without a doubt, this opens up a range of opportunities. We have here in panama the territorial headquarters of the european investment bank that has financed in panama actions for more than 800 million euros and between them.
I want to highlight your participation in the expansion of the canal,, but not only are there many others that affect various sectors of the economy. We have the opportunity to work. Together. We have done it to face the pandemic and we will do it to face the migratory pressure that Panama suffers, and we will also do it to face climate change and the digital revolution.