Left Menu
Development News Edition

China wants to enter into Central America with cooperation of Panama


China wants to enter into Central America with cooperation of Panama
China, with whom Panama was negotiating a free trade treaty, already has an important presence in the Central American country. (Image Credit: Twitter)

China on Tuesday said its President Xi Jinping's visit to Panama was a step forward to improve bilateral ties and turn the Latin American country into Beijing's gateway to Central America.

Chinese Foreign Ministry spokesperson Geng Shuang told reporters that Xi and his Panamanian counterpart, Juan Carlos Varela, on Monday reached broad agreements and achieved positive and productive results during their meeting at Presidential Palace in Panama City.

The spokesperson said Beijing would give the Panama Canal more importance in its trade as due to its strategic location, Panama could become the gateway and point of connection between China and Central America, Efe news reported.

He also stressed that Xi's visit -- the first by a Chinese leader to Panama -- had led to bilateral cooperation in economy, tourism, logistics, infrastructure, education and health.

China, with whom Panama was negotiating a free trade treaty, already has an important presence in the Central American country.

It is the second largest user of the Panama Canal after the US, and the main supplier to Panama's Colon Free Trade Zone, the largest free port to the Americas.

Xi's visit to Panama after attending the G20 summit in Buenos Aires was part of China's plans to expand its influence in Latin America, a region which has historically been in Washington's sphere of influence.

Since June, when Panama broke diplomatic ties with Taiwan and established relations with China, Beijing has increased its presence in the Central American country with its companies getting multi-million dollar contracts.

(With inputs from agencies.)


TRENDING

OPINION/BLOG/INTERVIEW

JNU Administration's 100-meter challenge before JNUSU

For the first time in its history, Jawaharlal Nehru University JNU Administration is seeking permanent deployment of local police to keep protesting students at 100 meters away from the Administrative Block. It would be interesting to see h...

Sentiment Analysis of Twitter users during COP25: Governments losing trust on Climate Action

Sentiment analysis of Twitter users during COP25 in Madrid, being held from December 2-13, shows widespread fear on climate change due to global warming but almost no trust on governments in meeting the emission targets. In the analysis the...

These innovators are making humanitarian response more efficient

These alarming trends prompt a call for the world to not only address the ongoing crisis but also to adopt innovative approaches to fulfill the growing humanitarian needs in such emergencies. ...

Hyderabad Encounter: A sentiment analysis of public mood on day of encounter

Sentiment analysis of twitter users revealed that they showered salutes on Hyderabad police for eliminating alleged gang rapists of the veterinary doctor but only a few believe in cops version of successive events leading to encounter....

Videos

Latest News

Pacers continue dominance over Hawks

Georgia native Malcolm Brogdon collected 19 points and 12 assists as the visiting Indiana Pacers posted a 110-100 victory over the Atlanta Hawks on Friday. T.J. Warren scored 18 points and Doug McDermott added 16 off the bench for the Pacer...

Bhubaneswar: CM Patnaik felicitates winners of Young Astronomer Talent Search

Chief Minister Naveen Patnaik on Friday felicitated top 20 winners of the Young Astronomer Talent Search YATS 2019-20 at a function held here in Pathani Samanta Planetarium. Aimed at creating awareness in the field of astronomy and space sc...

Curfew, imposed in Guwahati amid protests against

Curfew, imposed in Guwahati amid protests against amended Citizenship Act, relaxed from 9 am to 4 pm Police....

James, Lakers pull out tight win in Miami

LeBron James compiled 28 points, 12 assists and nine rebounds while leading the visiting Los Angeles Lakers to their sixth consecutive victory, a 113-110 decision over the Miami Heat on Friday night. The Heat, trailing 112-110 with 8.1 seco...

Give Feedback