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Panama Canal To Remain In Panamanian Hands

Cargo ships wait to transit the Panama Canal in Panama City, on June 28, 2024. (AP Photo/Matias Delacroix, File)

The administrator of the Panama Canal has reiterated that the vital waterway will continue to be under Panamanian control and open to commerce from all nations. This statement comes in response to recent claims by President-elect Donald Trump suggesting that the United States should take over the canal.

The administrator dismissed Trump's assertions that China was influencing the canal's operations, clarifying that Chinese companies operating in the canal's ports are part of a Hong Kong consortium that won a bidding process in 1997. Additionally, U.S. and Taiwanese companies are also involved in operating ports along the canal.

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