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Special Economic Zones of Panama

Author

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  • Valentin Yourievich MYAGKOV

    (Russian Foreign Trade Academy, Moscow, Russia)

Abstract

One of the fundamental objectives of revitalization of Russia’s exports is to search for new partners and channels to interact with them. Latin American countries can be considered Russia’s promising foreign partners, albeit not playing a significant role in its trade. However, cooperation with these countries is constrained largely by the limited Russian business presence on the continent. One of the ways to solve this problem may be the use of special economic zones (SEZs) operating in various countries of Latin America. In this regard, the article considers the most promising special economic zones of the continent in terms of the development of Russia’s exports to the region – the SEZ of Panama. These zones offering their residents favourable conditions for business activities, could become regional “outposts” for increasing Russian exports to Latin American countries.

Suggested Citation

  • Valentin Yourievich MYAGKOV, 2024. "Special Economic Zones of Panama," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 11, pages 79-86, November.
    • Handle: RePEc:alq:rufejo:rfej_2024_11_79-86
    DOI: 10.24412/2072-8042-2024-11-79-86
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    Keywords

    foreign economic relations of Russia; special economic zones; Russian - Latin- American foreign economic cooperation; prospects of doing business; Latin-American countries; Russian companies.;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration

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