⚖️🌍 Panama court ruling sparks China-Panama ports dispute
Oneliner
Panama's Supreme Court has annulled the concession of CK Hutchison for two ports at the Panama Canal, citing unconstitutionality. In retaliation, China has threatened Panama with severe political and economic consequences. CK Hutchison has initiated arbitration proceedings against Panama, claiming serious harm. The U.S. supports Panama's decision, emphasizing its historical control over the canal, which adds another layer to the ongoing geopolitical tensions.
Key points
- Panama's Supreme Court annulled CK Hutchison's port concession, citing unconstitutionality.
- China threatens Panama with severe political and economic consequences for upholding the ruling.
- CK Hutchison has initiated arbitration proceedings against Panama, claiming serious harm.
- The U.S. supports Panama's decision, emphasizing its historical control over the canal.
Links
Facts
- The Panama Supreme Court annulled CK Hutchison's concession on 1 February 2026.
- CK Hutchison has operated the ports since 1997.
- The U.S. controlled the Panama Canal until 1999.
- The two ports will now be operated by Maersk.
Quotes
- The Chinese government is firmly resolved to protect the legitimate rights and interests of Chinese enterprises and will never stand idly by in the face of any form of hegemonic intimidation — Hong Kong and Macao Affairs Office
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