Panama

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About Panama

Panama, officially known as the Republic of Panama is a Central American Country that connects North America with South America strategically. The country was part of the Spanish Colonization

Panama n well known for the Panama Canal which helps ships to move from the Atlantic Ocean to the Pacific Ocean. Hence the economy revolves around the services, tourism, trading, and other industries that support the Canal Activities.

Panama is also considered as the Tax Haven of the world and hence the financial services industry thrives in the nation.

Country Facts

 

Basic Details
RegionLatin America
Capital CityPanama City
Government Typepresidential representative democratic republic 
Official LanguagesSpanish
CurrencyUnited States dollar, USD
Phone Code +507
Important CitiesColon, David, La Chorrera, Santiago, Changuinola, Penonome, Bugaba, Puerto Armuelles, Anton, Chepo, Chitre, Sweet water, Capira, Chame, Soná
National DaySeparation Day (Nov-03)
Economy
Ease of Doing Business Ranking86
Primary IndustriesFinancial service,Agriculture.
Major ExportsMineral fuels, mineral oils , Ores, slag and ash, Pharmaceutical products, Ships, boats and floating structures, Edible fruit and nuts, peel of citrus fruit or melons, Electrical machinery and equipment , Machinery, mechanical appliances, nuclear reactors, boilers, Commodities not elsewhere specified, Natural or cultured pearls, precious or semi-precious stones, Fish and crustaceans, molluscs, Vehicles other than railway or tramway rolling stock, Footwear, gaiters and the like
Major Exports to IndiaVehicles other than railway or tramway rolling stock, Articles of apparel and clothing accessories, knitted or crocheted, Tobacco and manufactured tobacco substitutes, Pharmaceutical products, Ships, boats and floating structures, Other made-up textile articles, sets, worn clothing , Machinery, mechanical appliances, nuclear reactors, boilers, Man-made staple fibres, Plastics and articles thereof, Footwear, gaiters and the like, Rubber and articles thereof
Major ImportsMineral fuels, mineral oils, Ships, boats and floating structures, Commodities not elsewhere specified, Machinery, mechanical appliances, nuclear reactors, boilers, Electrical machinery and equipment , Pharmaceutical products, Vehicles other than railway or tramway rolling stock, Organic chemicals, Beverages, spirits and vinegar, Footwear, gaiters and the likeArticles of iron or steel
Major Imports from IndiaWood and articles of wood, wood charcoal, Ores, slag and ash, Iron and steel, Aluminium and articles thereof, Pulp of wood or of other fibrous cellulosic material, Machinery, mechanical appliances, nuclear reactors, boilers, Raw hides and skins , Copper and articles thereof, Electrical machinery and equipment , Vehicles other than railway or tramway rolling stock, Paper and paperboard, articles of paper pulp, of paper or of paperboard, Preparations of cereals, flour, starch
Foreign Relations
Flags
Maps
Trade Agreements with IndiaMoU on Foreign Office Consultations 2001 MoU on Cultural and Educational Co-operation 2001 Mutual Cooperation between the Foreign Service Institute of MEA and the Diplomatic Academy (of the Ministry of External Relations) of Panama, 2001 Mutual Cooperation between Ministry of Agriculture of India and the Ministry of Agricultural Development of Panama in the Field of Agricultural Research and Education, 2001
Bordering NationsColombia, Costa Rica
Member of(United Nations)
Indian Embassy DetailsH.E. Mr. Upender Singh Rawat
Honourable Ambassador
Embassy of India for Republic of Panama, Costa Rica and Nicaragua
10325, Avenida Federico Boyd,Apdo 0823-05815, Bella Vista, Panama, Republic of Panama
Email:
Phone: 507-2642416, 2643043, 2648780
Embassy Details in IndiaH.E. Mrs Yasiel Burillo
Honourable Ambassador-Designate
Embassy of Panama
F-9/11, Ground Floor Vasant Vihar New Delhi 110057 India
Email: embassyofpanama92@gmail.com
Phone: (+91) 11-2614 8260 / 8

 

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