Panama's Dependence on Imports Sparks Urgent Call for Change

Tuesday, 15 October 2024, 06:20

Panama's import dependence is under scrutiny, with the Sindicato de Industriales de Panamá urging for increased self-sufficiency. Addressing inflation and food security, industry leaders stress the importance of bolstering the agropecuario sector. This call follows significant challenges posed by global conflicts and logistical issues that impact food supply.
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Panama's Dependence on Imports Sparks Urgent Call for Change

The Need for Less Import Dependency in Panama

The recent pandemic has revealed Panama's potential for sustainability and local food production. Rosmer Jurado, Vice President of the Sindicato de Industriales de Panamá (SIP), reflects on the lessons learned from COVID-19, emphasizing the industrial sector's role in ensuring food supply. With the industrial and food sectors comprising 54% of the nation's industry, they provide vital formal jobs in technical fields.

Challenges and Opportunities in Panama’s Industrial Sector

Despite substantial advancements in Panama's agricultural industry, the rising production costs are pushing prices higher for consumers. Jurado notes that much of the inflation seen is due to external factors, citing a reliance on imported goods affected by global conflicts and maritime logistics.

  • International Forum on Food Industry: Starting October 17, Panama will host a critical forum focused on the food and beverage sectors.
  • This event will delve into issues like Mercosur membership.
  • It will also examine Latin American regulatory challenges using examples from Mexico and Colombia.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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