November 14, 2005 – West Palm Beach, FL – Today, Daniel Imperato issued a statement on Panama and South American Relations.

“The greatest loss that our country has ever had, in my opinion, pertaining to South America, is the loss of control of the Panama Canal,” stated Imperato.

Imperato referred to the Panama Canal as the ‘gateway into South America’ for import and export.

He also stressed the need for our administration to have someone that understands Panama.

“Being that I’ve spent time in Panama and worked with companies in the free trade zone, I understand clearly the facts on the zones, its country, and its political position and focal point as international gateway into South America.”

During his address, he asserted that the influence in the region has changed from American to Asia Pacific.

“The Asia-Pacific heavy investment into the Panama Canal has unconditionally given a stronghold on the flow of products coming in and out of South America. The first priority in most societies and in South America is price. In the Asia-Pacific for the moment because of their labor leniencies are able to support the low cost products.”

Prior to the strong Asia-Pacific presence in the region, Europe was the primary supplier of products that passed through the ‘Panamanian Gateway’.

Imperato felt that this presented an opportunity for the US and EU to work together to reestablish a stronger presence in the region.

“I believe there’s an opportunity here for the European Union and the United States of America to collaborate and to consider joint efforts to supply technology, equipment and education to the region. This along with the increase in manufacturing and export will assist South America in becoming a good competitor in the global environment once again.”

However Imperato was quick to point out that he did support manufacturing in the US, but stressed the need to maintain ties with our South American neighbors.

“I unconditionally support the United States of America and its people pertaining to the US jobs program and increased manufacturing in the United States. But I also know that if we don’t combat cheap labor, and utilize our neighbors to capitalize on products and services, we stand a chance to lose our South American partners to other countries who will reap the benefits of low cost products from South America.”

Imperato wanted to remind the Bush administration that we are the western hemisphere, and that if we want to be stronger we must make our neighbors stronger as well.

Then Imperato concluded his address with the following comments, “On another note we also have to address the Caribbean and the islands at a further date. The United States of America must without a doubt work fast and furious to regain respect by showing its support to its neighboring South American countries along with our intelligence agencies, our banking and finance departments, and our ability to increase the hallway of security as a joint effort across the western hemisphere.”

About Daniel Imperato
Daniel was born and raised in Boston, Mass (1958), and began his business career in 1977 transforming the manufacturing facilities in Israel through adapting them to the global marketplace along with bringing financing to the factories for global expansion. He also operated a trading company in Singapore and owned a manufacturing company in Belgium. Daniel brings over thirty years of experience in global business planning and development and has personal relationships at high levels around the world. Daniel has consulted for Fortune 500 corporations, with a mix of product lines, consisting of telecommunications products and services, telecommunications equipment including v-sat terminals and handheld mobile satellite telephones, along with passport and identification cards services and secure documents for foreign governments around the world. He is currently a Papal Knight with honors from the Vatican, and a board member for the African Center Foundation, a United Nations NGO.

Daniel has been a resident of West Palm Beach, Fl for over 10 years, and has devoted his time towards many worthwhile causes including our youth, and HIV/AIDS. He has unique value, explosive energy and the ability to achieve what most others cannot. Daniel is also a dedicated businessperson with morals and values that are based on trust and integrity. Presently, he has organized a Presidential Exploratory Committee in order to gauge support for a possible run at the White House in 2008.

***This Release was approved by Imperato For President 2008, the Official Presidential Exploratory Committee for Daniel Imperato.***

For Media Inquiries Contact:
Imperato for President 2008 Exploratory Committee
Press Department
Imperato for President Website http://www.thepeoplespresident2008.com

This release was published on openPR.

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