The government of Panama on Monday took administrative and operative control of two key Panama Canal ports following the Panamanian’s Supreme Court ruling that annulled the contracts signed with a China-linked organization.
Panama’s top court ruled in late January that two contracts signed between the Panamanian state and the Panama Ports Company (PCC), a subsidiary of Hong Kong-based Hutchison Port Holdings, were unconstitutional. The contracts, originally signed in 1997 and then renewed in 2021, granted PPC control of two key Panama Canal ports located at opposite ends of the trade route in the provinces of Balboa and Cristóbal — both of…
Read the full article at BREITBART.COM
