U.S. investment in Panamanian telecom infrastructure will rise if...
U.S. investment in Panamanian telecom infrastructure will rise if Congress approves a free trade pact signed Thursday by the countries, said Michael Nunes, Telecommunications Industry Association director- international and government affairs. “We see a lot of investment in next-generation…
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systems in Panama as its broadband and cell infrastructure investment goes up,” he said. The agreement, signed by U.S. Trade Representative Susan C. Schwab and Panamanian Minister of Commerce and Industry Alejandro Ferrer, would end tariffs and other trade barriers between the countries. TIA said a similar free trade agreement to be signed Saturday with South Korea will be a “critical pact for the technology sector.”