Panama and the Philippines economic cooperation


PANAMA CITY, Panama -- PANAMA CITY Philippine President Gloria Macapagal Arroyo arrived Friday to meet with Panama's President Martin Torrijos alongside the Panama Canal en route to an Asian-Pacific summit, the foreign ministry said.

Arroyo will meet Panama's newly sworn president at the Miraflores lock, on the Pacific end of the canal before heading on to the Asia-Pacific Economic Cooperation summit of leaders from 21 economies, in Santiago.

Panama and the Philippines have diplomatic relations since 1973. The leaders are expected to discuss economic cooperation and politics.

After greeting Arroyo, Torrijos will travel to San Jose, Costa Rica, for a summit of leaders from Spain, Portugal and their former colonies in the Americas.

Both countries have had huge US military bases, some of which have been redeveloped into factories, private ports and tourist attractions.

source:http://news.inq7.net





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