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Panama suspends Coface-backed metro loan
01 December 2011
A diplomatic dispute has delayed a buyer credit loan agreement backed by French export credit agency Coface for Panama City’s metro project.
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export credit agency
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Coface
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BBVA
The Panamanian government has suspended a loan backed by French export credit agency Coface after France annulled a bilateral taxation agreement.Panama’s ministry of international relations blamed the spat on budget minister Valérie Pécrasse who recently included Panama in France’s list of tax havens,...
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