Michael Chen, president of the Colon Chamber of Commercebelieves that all free zones must be equalized in order to have fair competition, referring to project 620 on the Colon Free Zone.
However, the verdict is that The question of work should not be touched at this timebecause it is very sensitive.
“Now, The country is in such a critical situation that the labor force should not be discussed“, said the businessman.
That was one of the reasons why the second discussion of project 620 was adjournedtwo weeks ago, to install the technical commission.
Even on this matter the popular leader of the province Edgardo VoitierHe said that he was against some articles of the work regime established by the project.
He Zolicol’s manager, Giovanni Ferrari, Speaking about the labor issue, he asserted that there are misinterpretations of the spirit of the draft law and that there is no provision in it that is above the regulations on the work of other free zones.
project 620 issues work permits for more than 15% of businesses in the Free Zonehire coaches and specialized staff for three years.
Overtime work will be in accordance with the Labor Law.
He the rest day will be agreed between the parties and his compensation for work will be 50%.
The labor mobility is allowed provided that it is compatible with the position the worker occupies at that moment and that it does not lead to a reduction in salary.
The issue of concern to the parties relates to reasons for dismissalbased on the company’s financial situation.
It is a controversial issue that both workers and employers face in connection with the termination of the contract, in accordance with the provisions Section C of Article 213 of the Labor Code.
Source: Panama America

I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people’s lives. I also write about current trends in economics, business strategies and investments.