US EditionBan Chinese-Linked Operators From Key Panama Canal Ports, US Envoy Says
PANAMA, AUG 7 – The US backed Panama's Supreme Court lawsuits citing constitutional breaches and financial issues in the 25-year port contract held by Hong Kong-based CK Hutchison, officials said.
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The Panamanian president described the contract that since 1997 allows Panama Ports Company to operate Balboa and Cristóbal as “lesive”.
infobae US Ambassador Kevin Marino Cabrera said the concession company is linked to the Chinese Communist Party and described its performance as deficient The US ambassador to Panama, Kevin Marino Cabrera, urged Wednesday to accelerate the end of the concession that allows the subsidiary of the Hong Kong company Hutchison Holdings to operate two key ports in the Panamanian interoceanic channel, amid increasing tensions over the influence of the …
President José Raúl Mulino said the agreement is "injuring the national interest"
He indicated that his government is focused on advancing this issue, but that starting talks will be about a new port relationship for the whole country, not just for Panama Ports.
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