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Trade in Panama

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In our cycle of interviews experts in international trade, we had a coffee with our guest today, Renzo Coronado, who has been with us from PanamaHe is an entrepreneur and consultant who contextualizes what is currently happening with trade in this country.

Renzo Coronado
Panama
15-May/20
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In the video, Renzo Corona talks about his experience in international trade from Panama. He comments on the situation of trade in Panama, the reactivation of tourism and the adaptation of trade fairs to the virtual modality. He also highlights the importance of the logistics and services sector in the current context. In addition, he offers advice for businessmen and entrepreneurs.

00:01 - Interview with Renzo Coronado on his experience in foreign trade

  • 02:17 - Renzo Coronado shares his love for foreign trade and his experience in Panama.
  • 03:34 - Renzo is grateful to a mentor who encouraged him in his career from an early age.
  • 04:02 - Renzo describes his background in foreign trade and his interest in figures and logistics.

05:54 - Export market experience and entrepreneurship

  • 05:54 - To have priority in the nursing market
  • 05:58 - Clear export and import promotions
  • 09:46 - Building a business through practice and experience

11:50 - Work experience at the embassy and creation of a Peruvian-Panamanian chamber of commerce.

  • 11:52 - I was contacted to work at the embassy and then I founded a chamber of commerce.
  • 14:16 - I learned about doing business in Panama, the free zone and the Jewish community.
  • 16:51 - International trade in Panama is based on logistics services and tax benefits.

17:46 - Business opportunities in Panama and strategies for entrepreneurs during the crisis

  • 17:46 - Sign for trade in Panama.
  • 17:49 - Entrepreneurs implement new strategies during the crisis.
  • 23:15 - Identification of commercial opportunities in different Latin American countries.

23:39 - Logistics and services sector in Panama

  • 23:49 - Panama exports goods to other countries in the region through the free zone.
  • 24:24 - The logistics and services sector is key to the Panamanian economy, especially in exports.
  • 25:55 - The construction and logistics sectors are currently the most dynamic in Panama.

29:31 - Impact of air transportation on imports and exports

  • 29:31 - Air freight is cheaper than DHL or ocean freight companies.
  • 29:37 - Congested airlines can affect the speed of shipments.
  • 30:13 - The use of charter flights is recommended to avoid import delays.

35:26 - Reinventing Business Tourism and International Commerce

  • 35:26 - Advisors decide to take a delegation to Taiwan and discuss impact on virtual fairs.
  • 36:01 - Business tourism is expected to rebound from August onwards, being key to economic recovery.
  • 36:56 - Conference recorded on YouTube to share business ideas and reinvent yourself in international trade.
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