Panama’s president says strategic waterway will operate as normal after ruling that advances US policy aims
Panama’s president said ports at each end of the Panama canal would operate as usual after the country’s supreme court ruled the concession held by a subsidiary of a Chinese company was unconstitutional.
The court’s decision on Thursday, which helps US attempts to block any Chinese influence over the strategic waterway, immediately drew a sharp rebuke from Beijing.
José Raúl Mulino, Panama’s president, said on Friday that until the court’s ruling was executed maritime officials would work with Panama Ports Company (PPC), a subsidiary of Hong Kong’s CK Hutchison, to ensure continuing operations.
Once the concession is formally ended, a subsidiary of the Danish logistics company AP Moller-Maersk will operate the ports in a transitional phase until a new concession can be awarded, Mulino said.
