Panama Court Voids Port Deal as Maersk Takes Over Strategic Gateway

#BellaVista, #Panama
Panama Canal authorities appointed AP Moller-Maersk to temporarily manage port operations after the Supreme Court annulled contracts with the Hong Kong-based CK Hutchison.This ruling follows years of pressure from Donald Trump and Marco Rubio to curb Chinese influence over the waterway after an audit cited irregularities in a 2021 concession extension.Chinese foreign ministry spokesperson Guo Jiakun vowed to protect the rights of Chinese firms as the decision jeopardizes a $23 billion global asset sale involving BlackRock and MSC.
Published:3h
Tags
#Switzerland#USA#Denmark#HongKong#China#DonaldTrump#PanamaCanal#MarcoRubio#Maersk#GuoJiakun#CKHutchison#JoséRaúlMulino#BlackRock#LiKaShing#MSC
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