Panama makes first beef shipment to China

24 June, 2019 12:00 AM printer

PANAMA CITY: The first container of Panamanian beef bound for China was shipped Saturday from the Pacific coast port of Balboa as part of new bilateral trade agreements between the two countries.

Panamanian President Juan Carlos Varela celebrated the shipment as the first of some 5,000 tons of beef to be exported to China over the coming 18 months, which will generate more than 25 million U.S. dollars in revenue for the Central American country, reports Xinhua.

Speaking at a ceremony in the southwestern province of Los Santos, where beef exporter and meatpacker Carnes de Cocle has a plant.