Panama is deepening its commercial ties with the Dominican Republic, opening the door to stronger cooperation and hundreds of new business opportunities for Panamanian companies.
During a recent meeting, Panama’s Minister of Commerce and Industries, Julio Moltó, and Dominican Foreign Minister, Roberto Álvarez, reaffirmed their countries’ shared commitment to boosting trade. Both serve as presidents of the Joint Permanent Commission of the Partial Scope Agreement between the two nations. They reviewed progress to date and outlined next steps, including expanding product lists and facilitating the certification of Panamanian processing plants for the Dominican market.
The talks also highlighted collaboration in logistics, free zones, and manufacturing. Panama expressed particular interest in the Dominican Republic’s experience in these sectors, recognizing potential synergies that could enhance the competitiveness of both economies.
Largest Panama–Dominican Trade Mission in a Decade
Complementing these official talks, Panama recently launched its biggest trade mission to the Dominican Republic in at least ten years. The initiative brought together more than 40 Panamanian companies and over 70 Dominican buyers, with 400+ business meetings scheduled in Santo Domingo.
The sectors represented are diverse and strategic: food and beverages, building materials, packaging, logistics, franchises, pet food, and marine lubricants. Currently, around 15 Panamanian companies export regularly to the Dominican Republic, but the mission aims to greatly expand that number.
Minister Moltó emphasized that the mission goes beyond commerce. It is also about strengthening friendship and sustainable cooperation. He proposed that the next major business mission should be hosted in Panama, led by Dominican entrepreneurs, to keep growing bilateral confidence and collaboration.
What This Means for Investors and Residents in Panama
While this initiative is primarily trade-focused, it signals continued regional integration that strengthens Panama’s position as a logistics and business hub. Stronger trade links can positively influence long-term economic growth and reinforce Panama’s reputation as a safe, connected environment for investment.
For expats and investors looking into real estate, particularly in dynamic areas such as Panama City and coastal destinations like Playa Venao, these developments add another layer of stability and growth potential. Economic expansion often drives demand for both residential and commercial properties, making Panama’s real estate market even more attractive.
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Written on August 24, 2025
