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Panamanian President Backs Lawsuits That Threaten Sale of Panama Canal Ports

Last updated: August 9, 2025 7:50 pm
By Bill Pan
1 Min Read
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Panamanian President Backs Lawsuits That Threaten Sale of Panama Canal Ports

An aerial view shows containers at the Balboa Port, operated by Panama Ports Company, at the Panama Canal, in Panama City, Panama, on Feb. 1, 2025. Enea Lebrun/Reuters

Panamanian President José Raúl Mulino on Thursday signaled that the Central American nation may take control of two ports at either end of the Panama Canal, potentially threatening the $22.8 billion sale plans of the ports’ current owner, Hong Kong-based conglomerate CK Hutchison, to a U.S.-based investment company.

The announcement came after Panama’s comptroller general, Anel Flores, filed two cases with the nation’s highest court seeking to invalidate a contract extension with Panama Ports Company, which would then allow Panama to establish its own public-private partnerships for the two ports.

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