US encouraged by Panamanian court ruling on port concessions, Rubio says
- Country:
- United States
The United States is encouraged by the recent Panamanian Supreme Court's decision ruling that port concessions to China are unconstitutional, U.S. Secretary of State Marco Rubio said in a post on X on Friday.
Panama's Supreme Court has annulled key port contracts held by a subsidiary of Hong Kong-based CK Hutchison, leaving the future ownership of some Panama Canal operations unclear and possibly upsetting its plans to sell some terminals.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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