In the News from Panama

Key Regional Summit Puts Panama City in Global Spotlight

The eyes of the world will be on Panama City next month, when U.S. President Barack Obama and leaders from throughout Latin America convene for a key regional summit.

Several important topics are on the agenda for the meeting, the Summit of the Americas, including the move to re-open Cuba to the United States. In an interview with Reuters earlier this month, President Obama identified the Summit, April 10-11, as a key benchmark in the efforts to restart normal relations with Cuba.

Heads of state of 35 countries from North America, South America, Central America and the Caribbean are scheduled to attend, including Raul Castro, the leader of Cuba. His presence will be an important milestone — the first time Cuba has been invited to the Summit.

While the rising interest in Punta Pacifica apartments won’t be on the agenda, the Summit will provide priceless exposure for the city. Cameras from around the world will be focused on the skyline. And commentators will be discussing news from the city, emphasizing its growing role in global affairs.

This is the seventh Summit of the Americas, which is held every three years. The central theme of the Summit will be, “Prosperity with Equity: The Challenge of Cooperation in the Americas.”

Other topics will include security, energy, health, education, migration flows, democratic governance, and citizen participation, according to the Summit’s Web site.

During the two or three days Obama will be in town, there will be special events and local politicians are hoping Obama will visit the Gehry Museum on the Amador Causeway as well as make an inspection of the new Panama Canal.

Duncan McGowan is president of Punta Pacifica Realty, a Panama real estate agency focused on Punta Pacifica, the exclusive neighborhood of 18 towers perched on the edge of the Pacific Ocean.

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