No negotiations until Panama off tax haven list
No negotiations until Panama lifted from tax haven list
PANAMA will not negotiate with Colombia until it is removed from a tax haven list recently announced by the South American country says Minister of Foreign Affairs and Vice President Isabel de Saint Malo de Alvarado.
At a press conference on Monday, October 13 she said: “Panama is not a tax haven. We have a robust system,” Relations between the two countries have been strained since last week when Colombia included Panama on its list of tax havens due to its refusal to sign an agreement to share tax information/
Saint Malo de Alvarado. reiterated that Panama seeks a diplomatic solution to the conflict with Colombia but has not ruled out other types of action. Colombia President Juan Manuel Santos will discuss the situation with President Juan Carlos Varela in a phone call. Varela said that the result of that conversation will be discussed ton Tuesday in the Cabinet Council