Panama Will Not Be Threatened by China over Canal Court Ruling, Leader Says
Panama's Supreme Court annulled CK Hutchison's 25-year port concession citing national interests, with Maersk taking temporary control amid US-China tensions over canal influence.
- Panama's President José Raúl Mulino said Panama would not allow itself to be threatened by China over a court ruling against a Hong Kong firm's concession to operate Panama Canal ports.
- The court ruled that the concession held by a subsidiary of Hong Kong's CK Hutchison Holdings in the Panama Canal was unconstitutional, which was seen as a win for President Donald Trump's aim to block Chinese influence over the strategic waterway.
- China warned Panama would pay a heavy price if the ruling was upheld, while Panama rejected China's warning and said the ruling was not political but strictly legal.
26 Articles
26 Articles
Panama Denounces Threats From China Over Court Ruling on Ports, President Says
Panamanian President José Raúl Mulino has vowed to uphold a ruling by his nation’s top court that voided a contract allowing Hong Kong-based CK Hutchison to operate ports serving the Panama Canal. Mulino rejected threats from the Chinese regime that the Central American country would pay “heavy prices” for adhering to the decision. “Panama is a dignified country and will not allow itself to be threatened by any country on Earth,” Mulino said at…
Panama's Supreme Court annulled the contract of Hong Kong-based CK Hutchison, which operates two ports in the Panama Canal; China warned that there will be "high prices" to pay.
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