PANAMA: COUNTRY THAT TRAFFICS THE MOST CIGARETTES IN LATIN AMERICA

On 13 July, a series of media article highlighted comments made by a panel at the Concordia Summit of the Americas in Miami on the “Regional Dialogue on Free Trade Zones (Free Zones), Trade-Based Money Laundering and Port Security”.  It referred to a “problem” in Latin America and directly mentioned Panama and the Colon Free Zone, where “about 8,000 million cigarettes” arrive every year, mainly from Asia and China – said to be roughly the total amount of all illicit cigarettes consumed in Mexico each year.  At the event, tobacco multinational Phillip Morris International (PMI) described Panama as the “world champion of cigarette trafficking” and asked the Panamanian authorities to enforce the laws.

https://www.panamaamerica.com.pa/sociedad/panama-pais-que-mas-trafica-cigarrillos-en-america-latina-1209408

https://www.laestrella.com.pa/nacional/220714/tabacalera-pide-panama-acabar-trafico

https://www.youtube.com/watch?v=b8qNP_4iZSc

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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