Re: Removal of Panama from the EU List of High-Risk Countries

Dear Member,
With reference to the letter sent to our Chamber by TOBB, the letter of the Ministry of Trade dated 01.04.2024 and numbered 95557582 forwarded to our Union, with reference to a letter of the Ministry of Foreign Affairs and a note delivered by the Embassy of Panama in Ankara, states that Panama, which had at the time been on the European Union Commission's list of high-risk countries in the context of terrorist financing and the laundering of proceeds of crime, has been removed from the said list thanks to the progress it has made.
It is also stated that the said country was removed from the Financial Action Task Force List of Jurisdictions under Increased Monitoring
in October 2023.

Kind regards,
Elazığ Chamber of Commerce and Industry