Panama president cheers China’s ‘Belt and Road’ initiative
5 years, 9 months ago

Panama president cheers China’s ‘Belt and Road’ initiative

Associated Press  

HONG KONG — Panama sees a “big opportunity” in China’s massive “Belt and Road” infrastructure initiative, President Juan Carlos Varela said Tuesday during a visit to Hong Kong amid ambitious plans and proposals for Chinese-built bridges and rail lines. “So Panama is going to be part of that initiative because we see a big opportunity to connect Asia and America to Panama.” Panama is contracting with Chinese companies for a fourth bridge over the Panama Canal, as well as a third line for the Panama City mass transit system. China has also submitted a $4.1 billion proposal to build a 391-kilometer high-speed rail line from Panama City to the town of David near its border with Costa Rica — a project to be carried out under the rubric of the Belt and Road. Panama is also negotiating a free trade agreement with China and plans to open a consulate in Hong Kong, a semi-autonomous Chinese territory whose role as an Asian financial hub is similar to that of Panama’s in Central America.

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History of this topic

Panama Marks 25 Years of Canal Handover Amid Trump’s Takeback Call
Trending News
1 week, 1 day ago

Panama Marks 25 Years of Canal Handover Amid Trump’s Takeback Call

Deccan Chronicle  

Panama on Tuesday celebrated the 25th anniversary of the U.S. handover of the Panama Canal, which President-elect Donald Trump has threatened to take back.The commemoration was made more poignant by the death on Sunday of former President Jimmy Carter, who negotiated the 1999 handover deal.“On this, such a special day. a mix of happiness for this 25th anniversary of having …

Panama marks canal handover anniversary in shadow of Trump threat
Top News
1 week, 2 days ago

Panama marks canal handover anniversary in shadow of Trump threat

Raw Story  

by Juan Jose Rodriguez Panama on Tuesday will mark the 25th anniversary of the United States' handover of its interoceanic canal, a milestone overshadowed by Donald Trump's threat to demand control be returned to Washington. Trump, who will return to the White House on January 20, sparked anger among Panamanians by recently saying that Washington would demand the canal "be …

Panama Canal: Troubled waters
Trending News
1 week, 5 days ago

Panama Canal: Troubled waters

The Hindu  

Emboldened by his victory in the U.S. presidential polls, Donald Trump has drummed up his rhetoric of belligerence by announcing plans to annex Canada and Greenland and retake control of the Panama Canal. “We’re being ripped off at the Panama Canal like we’re being ripped off everywhere else,” he said, referring to the increased shipping rates, while speaking at AmericaFest …

‘Nonsense’: Panamanian president dismisses Trump claims China controls Panama Canal
1 week, 5 days ago

‘Nonsense’: Panamanian president dismisses Trump claims China controls Panama Canal

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy President José Raúl Mulino of Panama brushed off U.S. President-elect …

Trump threatens to take control of Panama Canal, staple of global economy
2 weeks, 3 days ago

Trump threatens to take control of Panama Canal, staple of global economy

Live Mint  

President-elect Donald Trump threatened to take control of the Panama Canal, accusing the Panamanian government of charging excessive shipping tolls to use the strategic waterway linking the Atlantic and Pacific oceans. “We’re being ripped off at the Panama Canal like we’re being ripped off everywhere else," Trump said at a conservative conference in Phoenix on Sunday, demanding the return of …

China reacts THIS way over Trump's threat to 'take back' Panama Canal
2 weeks, 3 days ago

China reacts THIS way over Trump's threat to 'take back' Panama Canal

India TV News  

After US President-elect Donald Trump threatened to take back the Panama Canal, China on Monday backed Panama President Jose Raul Mulino’s assertion that "every square metre" of the canal and surrounding area belongs to his country. China supported Mulino’s statement regarding his country's sovereignty over the Panama Canal. Here's what the Chinese foreign ministry said “The Panama Canal is a …

US rattled as China's construction work under Belt and Road initiative reaches Panama in Central America
5 years, 9 months ago

US rattled as China's construction work under Belt and Road initiative reaches Panama in Central America

Firstpost  

China’s expansion in Latin America of its Belt and Road initiative to build ports and other trade-related facilities is stirring alarm in the US. Panama City: China’s expansion in Latin America of its Belt and Road initiative to build ports and other trade-related facilities is stirring alarm in Washington over Beijing’s ambitions in a region that American leaders, since the …

China’s construction binge spreads to Americas, rattles US
5 years, 9 months ago

China’s construction binge spreads to Americas, rattles US

Associated Press  

PANAMA CITY — China’s expansion in Latin America of its Belt and Road initiative to build ports and other trade-related facilities is stirring alarm in Washington over Beijing’s ambitions in a region that American leaders since the 19th century have seen as off-limits to other powers. Varela has said Panama’s relationship with China “will not affect relations with our strategic …

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