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Panama City International Marathon 2018

Thursday, June 28th, 2018

Panama announces the Panama City International Marathon 2018, which will take place on November 25th, bringing together thousands of runners from all over the world.

The participation of elite, professional and even amateurs runners in the Panama City Marathon has contributed to the success of the event in previous years.

Total of $50,000 dollars will be distributed between winners awards of different distances, as well as a flight ticket of KLM to fly to Amsterdam to join Amsterdam marathon. There are also gold and silver medals and other prizes for the winners of each 42km and 21km distances.

The Government of the Republic of Panama supports this kind of initiative, and therefore extends an invitation to all runners and sports clubs to take part in this experience.

For more information↓.

Panama participates in the World Cup for first time

Thursday, June 7th, 2018

The Embassy of Panama has the honor to inform that Panama will participate in the FIFA World Cup 2018 in Russia for the first time in the country history.

In this occasion, a special song, entitled “Sube la Marea” (“the tide is rising”), was released in support of Panama’s national soccer team.
Several of Panama’s best-known artists were involved in creating “Sube la Marea” as a tribute by the artists to Panama’s national soccer team.

The song expresses Panamanians’ hope, pride, and passion for their team, which is also known as the “Red Tide,” as it makes its first-ever appearance in the World Cup.

The Embassy of Panama will contribute to “Rise the tide” from Tokyo, Japan.

Panamanian receives Certificate of Ikebana instructor

Friday, June 1st, 2018

On May 25, 2018, a Panamanian citizen Mrs. Pilar Hasebe received a certificate of Ikebana instructor from Mr. Yukihiro Kubota, President of Ikenobo school Tokyo chapter, at the Embassy of Panama in Japan.

H.E. Ritter Diaz, Ambassador of Panama, congratulated Mrs. Hasebe, as first Panamanian citizen, for being certificated by Ikenobo school, which is considered as the eldest Ikebana school in Japan.

President Kubota expressed his trustness toward Mrs. Hasebe as a great promotor of Ikebana culture in Panama, expecting her contribution to disseminate this beautiful art of Japanese flower arrangement. On this occasion, there was also the presence of Mrs. Diana Salansky, President of Ikebana International.

From the left, Ambassador of Panama in Japan, Mrs. Pilar Hasebe, President Kubota and Mrs. Abe, Teacher of Ikebana, Ikenobo.

From the left, Ambassador of Panama in Japan, Mrs. Pilar Hasebe, President Kubota and Mrs. Abe, Teacher of Ikebana, Ikenobo

Friendly Cocktail On the Occasion of the 34th World Youth Day 2019 in Panama

Wednesday, April 11th, 2018

On April 10, 2018, H.E. Ritter Diaz, the Ambassador of the Republic of Panama to Japan, celebrated a Friendly cocktail at his official residence, on the occasion of the celebration of World Youth Day 2019 in Panama (WYD2019), which will be held in Panama City on January 22- 27, 2019.

This cocktail started with greetings from Ambassador Diaz, where he expressed his gratitude to participants, highlighting the importance of WYD2019 as well as the campaign carried out by the national government to create awareness of this event, which is organized by Catholic Church, under the leadership of Pope Francis.

Ambassador Diaz also delivered a presentation on WYD2019, explaining its backgrounds, theme, meaning of official logo, scheduled activities, as well as the application procedure for participants.

After the presentation of Ambassador Diaz, H.E. Reverend Tarcisius Isao Kikuchi, Archbishop of Tokyo, made a toast for the success of WYD2019, the health of Pope Francis and all participants, accompanied by H.E. Takahiro Nakamae, Director General of Latin-American and the Caribbean Division of the Ministry of Foreign Affairs of Japan, H.E. Jorge Barakat, Administrator of Panama Maritime Authority and Ambassador Diaz.

This event also counted on the participation of Ambassadors and diplomats from the countries of the Central American Integration System (SICA), Chancellor of Sophia University, Sisters from St. Ignatius Church and Japanese catholic young people, who are interested in joining to WYD2019.

This event concluded with a cocktail where all the participants could taste Panamanian cuisine, watching the promotional video of WYD2019.

During the presentation of Ambassador Diaz

During the presentation of Ambassador Diaz

From left to right, Director General of Latin-American and the Caribbean Division of the Ministry of Foreign Affairs of Japan, Administrator of Panama Maritime Authority, Archbishop of Tokyo, Ambassador of Panama in Japan and his wife, during the toast by Archbishop of Tokyo.

From left to right, Director General of Latin-American and the Caribbean Division of the Ministry of Foreign Affairs of Japan, Administrator of Panama Maritime Authority, Archbishop of Tokyo, Ambassador of Panama in Japan and his wife, during the toast by Archbishop of Tokyo.

Participants of cocktail, from left to right, Chancellor of Sophia University, sister from St. Ignatius church, Ambassador of the Dominican Republic, Director of the Centro American and the Caribbean  of the Ministry of Foreign Affairs of Japan.

Participants of cocktail, from left to right, Chancellor of Sophia University, sister from St. Ignatius church, Ambassador of the Dominican Republic, Director of the Centro American and the Caribbean of the Ministry of Foreign Affairs of Japan.

Panamanian cuisine

Panamanian cuisine

Panama creates list of countries that discriminate, to protect economic and commercial interests

Tuesday, March 13th, 2018

The Ministries of Economy and Finance, Foreign Affairs and Trade, and Industry of the Republic of Panama issued an initial list of 20 jurisdictions in Latin America, Europe and Asia that apply discriminatory or restrictive measures to the Republic of Panama.

9 March, 2018 (Panama City, Panama) – The Panamanian Ministries of Economy and Finance, Foreign Affairs and Trade, and Industry of the Republic of Panama, issued a list of 20 jurisdictions in Latin America, Europe and Asia that apply discriminatory or restrictive measures against the country and that affect their economic and commercial interests.

The list, created by resolution and signed by the ministers of the respective portfolios– Dulcidio De La Guardia, Isabel de Saint Malo de Alvarado and Augusto Arosemena– is the first step in Panama’s evaluation of reciprocal actions towards countries that discriminate against it, as established by Law 48 of October 26, 2016.

According to Law 48, the corresponding diplomatic steps, propose and approve actions against States that affect the economic and commercial interests of the nation.

The countries included in the list of Panama are: Brazil, Chile, Colombia, Ecuador, El Salvador, Peru, Uruguay, Venezuela, Croatia, Slovenia, Estonia, France, Greece, Lithuania, Poland, Portugal, Cameroon, Georgia, Russia and Serbia, jurisdictions that keep Panama has included in different discriminatory lists.

The measure will be effective as of its publication in the Official Gazette. Whereas the list is to be revised at least once a year, the working group responsible for preparing it (the ‘code of conduct group’) can recommend an update at any time.

For more information↓.

Taxation: Panama was removed from EU list

Tuesday, January 30th, 2018
Eight jurisdictions have been removed from the EU’s list of non-cooperative jurisdictions for tax purposes, following commitments made at a high political level to remedy EU concerns.

Barbados, Grenada, the Republic of Korea, Macao SAR, Mongolia, Panama, Tunisia and the United Arab Emirates are moved to a separate category of jurisdictions subject to close monitoring.

On 23 January 2018, the Council agreed that a delisting was justified in the light of an expert assessment of the commitments made by these jurisdictions to address deficiencies identified by the EU. In each case, the commitments were backed by letters signed at a high political level.

“Our listing process is already proving its worth”, said Vladislav Goranov, minister for finance of Bulgaria, which currently holds the Council presidency. “Jurisdictions around the world have worked hard to make commitments to reform their tax policies. Our aim is to promote good tax governance globally.”

The decision leaves 9 jurisdictions on the list of non-cooperative jurisdictions out of 17 announced initially on 5 December 2017. These are American Samoa, Bahrain, Guam, Marshall Islands, Namibia, Palau, Saint Lucia, Samoa and Trinidad and Tobago. The list also carries recommendations on steps to take to be de-listed.

The EU’s list is intended to promote good governance in taxation worldwide, maximising efforts to prevent tax avoidance, tax fraud and tax evasion. It was prepared during 2017 in parallel with the OECD global forum on transparency and exchange of information for tax purposes.

Whereas the list is to be revised at least once a year, the working group responsible for preparing it (the ‘code of conduct group’) can recommend an update at any time.

Jurisdictions that remain on the list are strongly encouraged to make the changes requested of them. Their tax legislation, policies and administrative practices result or may result in a loss of revenues for the EU’s member states. Pending such changes, the EU and the member states could apply defensive measures.

Today’s decision was taken without discussion at a meeting of the Economic and Financial Affairs Council, by means of an amendment to its December conclusions.

The 8 jurisdictions are moved from annex I of the conclusions (non-cooperative jurisdictions) to annex II (cooperation with respect to commitments taken).