Latin American neighbours Panama and Colombia concluded negotiations for a Free Trade Agreement (FTA), after seven rounds of negotiations, which began in 2010. The negotiations concluded after the Colombian government made it clear that its recent imposition of USD 5.0 per kilo fee on imports of textiles and clothing is only a temporary measure and not a permanent one. The Colombian tax has affected apparel traders of the Free Trade Zone of Colon in Panama.

SUNTECH, is one of the leading designers & manufacturers on textile machines for weaving and finishing units, especially for Fabric Inspection Tables.