Panama’s acting Foreign Minister Carlos Arturo Hoyos met with German State Secretary Géza Andreas von Geyr on Wednesday. The two officials discussed Panama’s efforts to secure removal from European Union tax lists. The meeting took place in Panama City.
The bilateral agenda covered trade expansion and global challenges. Both sides expressed strong interest in deepening cooperation. Panama’s government has been pushing for its exclusion from what it calls discriminatory European fiscal listings. The EU maintains a tax blacklist and a grey list of jurisdictions it considers non-cooperative.
Diplomatic Push for Fair Treatment
Hoyos highlighted Panama’s recent regulatory reforms during the conversation. The country has strengthened its tax transparency framework in recent years. Officials believe these changes meet international standards. The EU reviews its tax lists periodically, and Panama wants a clean slate.
Germany holds significant influence within EU decision-making structures. Berlin’s support could prove crucial for Panama’s case. The two nations have maintained diplomatic relations for decades.
“We reviewed the progress Panama has made in its efforts to be excluded from the European Union’s tax lists. We also discussed mutual support in multilateral forums and the main global challenges we face together,” said Hoyos. [Translated from Spanish]
The acting minister also acknowledged German companies operating in Panama. He praised their quality standards and innovation. These businesses contribute to economic growth and job creation, he noted. Knowledge transfer from German firms adds significant value to Panama’s economy.
Bicentennial Invitation Extended
Hoyos used the meeting to invite Germany to Panama’s upcoming Bicentennial events. The historic celebration marks 200 years since the Congress of Panama. That congress, convened by Simón Bolívar in 1826, aimed to unite Latin American nations.
Panama will host the commemoration from June 22 to June 24. The government expects high-level international participation. Germany’s presence would underscore bilateral ties.
carlos arturo hoyos has been leading Panama’s foreign policy on an interim basis. His office continues pushing for fair treatment from European institutions. The meeting with von Geyr represents another step in that ongoing diplomatic effort.
Trade between Panama and Germany has grown steadily. German machinery, pharmaceuticals and vehicles enter Panama’s market. Panama exports agricultural products and services to Germany. Both countries see room for expansion.
The Strait of Hormuz situation also came up during talks. Global shipping routes affect both nations’ economic interests. Panama operates one of the world’s largest shipping registries. Stability in strategic waterways matters greatly.
No specific timeline was announced for the EU list review. Panama’s government remains optimistic about progress. The next EU listing update could come later this year. Officials in Panama City are watching closely.