Panama’s president denied rumors of a secret deal for free U.S. ship transit through the Panama Canal, asserting that such claims are false. He stressed the canal’s importance to Panama’s economy and stated that there would be no unilateral decisions affecting its revenue.
Panama’s president, Laurentino Cortizo, firmly rejected allegations of a deal allowing U.S. ships to pass through the Panama Canal without payment. The claims that the government had secretly negotiated an agreement for free transit were labeled as “totally false” by Cortizo. He emphasized that the importance of the Panama Canal is paramount and no unilateral decisions would be made that could affect its neutrality or revenue. These statements come amidst ongoing discussions regarding U.S. maritime practices in the region.
The Panama Canal, a critical maritime route, has historically been a point of contention in U.S.-Panama relations. Following its handover from U.S. control in 1999, sovereignty over the canal continues to carry diplomatic significance. The canal generates considerable income for Panama from transit fees, and any rumors of free passage could raise significant financial concerns for the nation. Recent geopolitical tensions and economic pressures have heightened scrutiny of agreements made between sovereign nations regarding trade routes.
In summary, President Cortizo’s assertions aim to quell rumors surrounding intellectual and financial concessions regarding the Panama Canal. The essence of his message reinforces the strategic importance of the canal for Panama’s economy while ensuring its operational integrity is maintained. The government remains committed to upholding the canal’s status without compromising national interests.
Original Source: lufkindailynews.com
