Hong Kong protests after Panama takes control of 2 key ports on the Panama Canal
AP News • • nation
Key Points:
- Hong Kong has lodged stern protests with Panama over the seizure of two key ports on the Panama Canal operated by a Hong Kong-based company, CK Hutchison, since 1997, expressing strong opposition and support for the company’s rights.
- Panama’s Supreme Court invalidated the concession contract for Panama Ports Company, leading to the government taking control of the ports, which has prompted CK Hutchison to initiate arbitration proceedings.
- China’s Ministry of Foreign Affairs affirmed its commitment to protecting the legitimate rights of the company, while Panama assured the public that port operations would continue smoothly during a transitional period of up to 18 months.
- Panama’s President José Raúl Mulino stated the seizure was legal and not an expropriation, emphasizing that control
