Two members of the Fayetteville City Council will travel to Panama City, Panama next month as part of an Economic Development mission.
Ward 1 Alderman Adella Gray and Ward 2 Alderman Mark Kinion will join staff from the Fayetteville Chamber of Commerce July 8-11 to evaluate Panama City as a potential sister city.
“This Economic Development Mission meets our international trade and investment program where we hope to attract trade and foreign investments between Fayetteville and Latin America, starting with Panama,” said Steve Clark, chamber president.
Clark said Panama was chosen as the first Latin American country to work with because of its proximity to the U.S. and Fayetteville which would make travel time easy and convenient. The country also shares the same time zone with Fayetteville, and uses U.S. currency.
“This mission could potentially lead to direct foreign investments from Panama to Fayetteville thereby generating new businesses, new jobs, new skill sets, and expanding our city’s economy,” said Clark.