New Exhibition to Help Find Homes for Post-ITC Tyres

Latin Expo Group Ltd., a Panamanian trade group, is organizing a tyre exhibition and conference for Latin American and Caribbean tyre distributors in Panama City, Panama, 8-11 July 2010. Latin American & Caribbean Tyre Expo 2010, will be held at Atlapa Convention Center in Panama City, according to the organizer. Latin Expo reports that it is in the process of organizing a programme of international tyre industry speakers to accompany the exposition, according to a spokesman for the group, who said the group’s vision “is to bring the global manufacturers and suppliers directly to the Latin markets and to get the Latin dealers to those manufacturers in a familiar and inexpensive venue.” 280 exhibitors are said to have signed up so far for a show expected to cover around 85,000 square feet of exhibition space.

Believed to be the first such exposition and conference of its kind, the organizers said they chose Panama because it is an accessible destination for all tyre distributors from North America, Central America, and South America, including Mexico and the Caribbean as well as an economical destination for Asian, North American, European and Latin tyre and equipment manufacturers.

Latin America & Caribbean Tyre Expo Scheduled for 8-11 July

In its initial promotion, Latin Expo notes that due to the anti-dumping duties imposed by US on Chinese passenger and light truck tyres, “there are more than 42 million tyres manufactured in China that have to find new markets.”

Panama is strategically located in an isthmus that is geographically located between North, Central, and South America. The local currency is the Colon which is said to be equivalent to the US dollar.