{"id":7372,"date":"2005-12-09T17:11:33","date_gmt":"2005-12-09T17:11:33","guid":{"rendered":"https:\/\/pancanal.com\/en\/?p=7372"},"modified":"2021-09-10T14:36:26","modified_gmt":"2021-09-10T14:36:26","slug":"panama-canal-authority-forms-strategic-alliance-with-dallas-nafta-trade-corridor-coalition","status":"publish","type":"post","link":"https:\/\/pancanal.com\/en\/panama-canal-authority-forms-strategic-alliance-with-dallas-nafta-trade-corridor-coalition\/","title":{"rendered":"Panama Canal Authority Forms Strategic Alliance with Dallas Nafta Trade Corridor Coalition"},"content":{"rendered":"

Alliance Will Boost Trade Between Dallas and Asia Through the Panama Canal<\/em><\/p>\n

All-Water Route\u201d is Safe, Reliable and Economical Link to Bring Asian Goods to U.S. Consumers<\/p>\n

\u00a0<\/strong>PANAMA CITY<\/strong>, Panama, December 09, 2005\u00a0<\/strong>\u2013 With more than 60 percent of Panama Canal traffic originating from or moving to the East Coast of the United States, the Panama Canal Authority (ACP) announced today an historic move to boost U.S.-Asia trade through a strategic alliance with the Dallas NAFTA Trade Corridor Coalition (DNTCC). The DNTCC is working in collaboration with the U.S. Maritime Administration to pursue the development of an agile port system in southern Dallas County to improve the speed and efficiencies of cargo movement between the Port of Dallas and various domestic and international seaports. The ACP-DNTCC alliance will increase cooperation \u2013 such as joint marketing \u2013 between these two entities and seek to boost trade along the \u201cAll-Water Route,\u201d the route from Asia to the U.S. East and Gulf Coasts via the Panama Canal<\/p>\n

Today\u2019s event was highlighted by a formal signing of a Memorandum of Understanding (MOU) at the Dallas City Hall by ACP Administrator\/CEO Alberto Alem\u00e1n Zubieta and DNTCC Chair and City of Dallas Councilmember Bill Blaydes. By mutual agreement, the ACP\/Dallas MOU will continue for one year and will be renewable annually. Also attending the ceremony were: Wayne Middleton, Mayor of Balch Springs; Adsinar Cajar Bocek, Consul of Panama in Houston; Maurine Dickey, Dallas County Commissioner; among other distinguished Dallas County Commissioners and Councilmembers.<\/p>\n

During the past few years, containerized cargo transiting the Panama Canal on the \u201cAll-Water Route\u201d has been booming. This is the result of trends in trade, the effective management of traffic along the Canal, the decrease in the time it takes for ships to transit the waterway, and getting goods to market faster.<\/p>\n

\u201cThe ACP has always prided itself for being at the forefront of new trends in the maritime industry. We believe the Port of Dallas will benefit international trade and will be an effective means to serve the anticipated traffic and growth of the \u2018All-Water Route,\u2019\u201d said Canal Administrator\/CEO Alberto Alem\u00e1n Zubieta. \u201cWe foresee real, tangible benefits from this agreement \u2013 a win-win situation for our customers, the people living in Dallas and Panama. The joint marketing, exchange of ideas and sharing of information on modernization projects demonstrate our desire to execute solutions for the long-term needs of the shipping community,\u201d Alem\u00e1n concluded.<\/p>\n

The DNTCC, which currently includes the City of Dallas, Dallas County and the City of Balch Springs, has implemented an innovative economic development plan recognizing that the Dallas area lies at the crossroads of international trade. This area is ideally located to serve as an inland distribution hub for cargo shipped through the Panama Canal and the Port of Houston. In April 2005, a Memorandum was signed by the Port of Houston Authority, the U.S. Maritime Administration and the City of Dallas to establish Dallas as an inland port for Houston. Other elements to this strategic plan include: expanding the River of Trade Corridor Coalition, developing a linear\/foreign\/freeport trade zone, establishing an inland port of pre-clearance and constructing a cargo airport.<\/p>\n

\u201cIt is a great privilege and honor for me to represent the Dallas NAFTA Trade Corridor Coalition and the Port of Dallas in signing this historic agreement with Panama Canal Administrator\/CEO Alberto Alem\u00e1n. These events today, which are focused on enhancing the \u2018All-Water Route\u2019 from Asia, will strengthen the volumes of international cargo that ultimately travel to and through the Port of Dallas via the Panama Canal. I am excited to learn that the Panama Canal Authority is thoroughly studying the possibility for Canal expansion and I am pleased to partner with them in this endeavor,” stated DNTCC Chair and City of Dallas Councilmember Bill Blaydes. “I am certain that both the Dallas area region and the Panama Canal will benefit immensely from this alliance.”<\/p>\n

Specifically, the parties involved may conduct the following:<\/p>\n