Panamanian President José Raúl Mulino has vowed to uphold a ruling by his nation’s top court that voided a contract allowing Hong Kong-based CK Hutchison to operate ports serving the Panama Canal.
Mulino rejected threats from the Chinese regime that the Central American country would pay “heavy prices” for adhering to the decision.
“Panama is a dignified country and will not allow itself to be threatened by any country on Earth,” Mulino said at a briefing on Feb. 5.
He said the concession to operate two ports will “never again” be granted to a single company.
On Jan. 29, the Panamanian Supreme Court voided a contract allowing Hong Kong’s CK Hutchison Holdings to operate two ports, one at each end of the Panama Canal….
Panama Denounces Threats From China Over Court Ruling on Ports, President Says
