VOICED : Exclusiva AFP: Panama quiere profundizar dialogo con OCDE

Panama aims to enhance its dialogue with the OECD to exchange fiscal information, following the Panama Papers scandal. The Vice President, Isabel de Saint Malo, emphasized the importance of technical discussions and feedback from the OECD. Panama faces criticism for its offshore practices, accused of facilitating tax evasion, but defends its financial services and reforms. The country seeks expert advice to refine its practices while maintaining the competitiveness of its banking system, which contributes significantly to its GDP.

What prompted Panama to deepen its dialogue with the OECD?

• The Panama Papers scandal

• A request from the United Nations

• A new trade agreement

• A change in government

What accusation did the OECD make against Panama?

• Non-compliance with environmental standards

• Involvement in human rights violations

• Failure to sign a trade agreement

• Lack of cooperation against money laundering

How does Panama defend its financial services?

• By highlighting its tourism industry

• By showcasing its technological advancements

• By emphasizing its agricultural exports

• By pointing out reforms to prevent irregularities

What is Panama seeking from experts in the field?

• New trade partners

• Tourism development strategies

• Investment opportunities

• Recommendations to refine practices

Why is Panama cautious about changes to its banking system?

• To avoid losing its status as a tax haven

• To maintain its cultural heritage

• To increase its agricultural output

• To protect its banking system's competitiveness