(MENAFN) According to UK's embassy in Panama, its planning to double finance companies trading with Panama and Colombia.
This move came as part of efforts to bolster trade around the world as it prepares for Brexit, its withdrawal from the EU.
In details, financing will double to USD4.5bln and USD5.8bln for Panama and Colombia, respectively, to aid companies exporting to those countries.
However, Panama is the fastest growing economy in Latin America with an average annual growth rate of 7% over the past decade.
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