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Presidential visits to Panama Canal

Presidential visits to Panama Canal

President Saca visited the Miraflores Locks in the company of Panamanian President Martín Torrijos and the Panama Canal Authority (ACP) Administrator/CEO Alberto Alemán Zubieta. They briefed him on the Canal Expansion Project, and the leaders discussed its importance to the region’s trade.

Like his Brazilian counterpart the week before, President Saca applauded ACP’s plan for expansion and, in a public statement thanking President Torrijos and the ACP, echoed President Lula’s thoughts about this important project.

“The expansion of the Panama Canal is an example of the many promising areas for investment, partnership, cooperation and financing that El Salvador and other Latin American countries hope to explore with our friends in Panama. The expansion will further establish Panama as one of the most important routes for world commerce, benefiting Panamanians and the Latin American region,” said Saca.

President Lula’s visit to Panama was part of a tour through Central American countries focused on promoting cooperation agreements and Brazilian investments in the region. Brazil is the 18th largest user of the Canal by trade flow, according to 2006 ACP data.