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June 13, 2022
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Pedro Sittón: ‘The Summit of the Americas has been a failure and an unsuccessful exercise’

“The Summit of the Americas has been a failure and an unsuccessful exercise, where the President of Panama and the First Lady walked the red carpet and hugged President Biden,” said the lawyer and political analyst. , Pedro Sittón this event held last week in Los Angeles, United States.

He added that “it seems that no one here heard President Boric of Chile’s speech or saw his tweet from the meeting he held with President Biden, where he said there was a global tax pact to contain tax haven centers in the region; this It is extremely dangerous, because if it happens, it is that a global tax of 15% will be increased to these tax havens, affecting the international financial center of Panama”.

Sittón indicated that Cortizo held a meeting with his counterpart from Chile, however, no arguments have been heard, press releases where the Panamanian president has put the proposals of the national government on the table.

“The president of Panama was like a horse, some dark circles, but nothing has been said. This is worrying and we need to know what is the discourse that Panama has with Chile’s position because it is worrying for our financial system and that we are followed pointing the finger that we are a tax haven,” he remarked.

In the opinion of the jurist, Panama also lost the historic opportunity of having been able to ask the United States for money to deal with the migratory issue as a concrete action, since our country is required to have more border controls and binational patrol centers. “It was a failed summit from the start and for Panama it was merely protocol,” he said.



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