February 1, 2025
What is the best deal for Panama?
Trump wants the American Canal in Panama back. What should Panama do?
Panama should lease the canal to the United States. Panama can then hope that a future president can end the lease or renegotiate it in the future. Panama earns about $5 billion a year operating the canal. Panama should negotiate a lease with the United States that allows Panama to either earn or save about that amount per year. The lease may call for improvements to the canal paid by the United States. The lease may call for other economic concessions to Panama such as a special trade agreement, tariff exemptions, direct U.S. investments in Panama, fintech and cryptocurrency deals, etc.
Panama should see Trump's interest in the canal as a blessing in disguise and as an opportunity to enter into a strategic money-making deal. Panama should not see itself as a victim. The truth is that the United States built the canal and that the United States freed Panama from Colombia. Panama should be grateful, see itself as a winner, and stop seeing itself as a victim.
Panama should figure out a win-win solution that makes Trump looks great while ensuring adequate economic gains for Panama. Trump is not cheap. Trump pays well to those who are willing to negotiate. Maybe Panama can emerge out of the deal as the best partner of the United States of Trump in Latin America. There is enormous economic potential and value in that proposition. All Panama needs to do is be smart and use business intelligence (commercial problem-solving ability) to come out of all this better, richer, and stronger in full alliance and cooperation with the United States.
If the deal doesn't turn out to be great in the end, the silver lining for Panama is that Trump is not eternal. There may be a future president willing to end or renegotiate the deal.
Now you know it.
www.creatix.one
Comments
Post a Comment