NewsPanama gives in as US pressure on Panama Canal intensifies

February 4, 2025by 0

Under increasing US pressure, Panama has elected not to renew its belt and road (BRI) deal with China and will also allow toll-free transits to American warships.
Following the first overseas trip by US secretary of state Marco Rubio (above), Panama’s President Jose Raul Mulino said the BRI agreement with China, which expires in two to three years, would not be renewed.
And US Navy vessels will now no longer pay $5.50 …

The post Panama gives in as US pressure on Panama Canal intensifies appeared first on The Loadstar.

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