Mr. Speaker, it is not an exclusion of a simple rule. The reality is that Panama has made great strides in suppressing money laundering. It is off of the OECD “grey list”. It is moving in the direction that we want to move.
We have a double taxation agreement with Colombia already. For this trade agreement, that is what is required on our side. We believe the Colombians are living up to that.
The advantages of trade with the Colombians, the advantages of trading with somebody in our own hemisphere and in our time zone, are huge. We are a sought-after partner in Central America, in South America, in the southern hemisphere.
I can tell members that we need to take advantage of this, because the opportunity is now.