Colon Free Zone reacts to Maduro move

The decision on Thursday, April 5 of the Venezuelan Government to suspend for 90 days commercial and financial relations with companies in the Colon Free Zone  (ZLC) and the country,  has produced a quick response from the Users Association.

A statement published Friday said that the private sector of Free Zone, rejected the action taken by the Government of Venezuela, a country that still has a multi-million dollar debt with ZLC companies.

“As Panamanians, we note with concern, how Venezuela’s pending commitments affect our economy and the reinvestment of these resources for the benefit of our country.”

“As a union, we support our members and urge the Panamanian Government to take the appropriate actions to protect the companies affected by this measure.”