Panama’s president hits back after China threat in canal ports row
Summary
Panama's President Jose Raul Mulino rejected China's warning after a Hong Kong company lost its contract to operate two ports on the Panama Canal. This followed a decision by Panama’s Supreme Court, influenced by U.S. pressure, declaring the contract unconstitutional. China criticized the decision and warned Panama of political and economic consequences.Key Facts
- Panama's President Jose Raul Mulino rejected a warning from China.
- The warning followed the eviction of a Hong Kong company from two ports in the Panama Canal.
- Panama’s Supreme Court ruled the contract allowing CK Hutchison to operate the ports was unconstitutional.
- President Trump had pressured Panama to cancel CK Hutchison’s contracts.
- China called the court's decision "absurd" and "shameful".
- The removed company, CK Hutchison, managed ports at each end of the canal since 1997.
- Danish company Maersk is temporarily managing the ports.
- The Panama Canal links the Atlantic and Pacific oceans, making it strategically important.
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