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Trump says U.S. is ‘reclaiming’ Panama Canal after BlackRock strikes deal to buy ports

Trump says U.S. is ‘reclaiming’ Panama Canal after BlackRock strikes deal to buy ports


Hong Kong – a Hong Kong-Used conglomerate agreed to sell stake in two Panama canal US and Switzerlands Investors Between pressure from Trump Administration to ports of ports of China.

CK Hutchison, a conglomerate built by Hong Kong Billionaire Li Ka-Shing, who participated in a consortium that included the US Asset Manager Blackrock, companies said on Tuesday.

president Donald Trump argued that the ports backed by the Chinese, one of the canal and atlantic paths, threatening the Chinese security control because they gave potential security control in China because they have given potential security control in China because For they have given potential security control in China because they have given potential security control in China because they provide potential Chinese security control.

Although CK Hutchonon said the proposed sales were not politically related, Trump was robbed as a victory on his Tuesday night Interact with a combined Congress session.

“My administration will change the canal of Panama, and we have begun doing so,” he said. “Today, a large American company announces that they buy two ports around Panama canal.”

Nearly 15,000 ships from all over the world turn each year by panama canal, built primarily in US funds and completed US to go or from the US

In 1999, the US left the Canal of Panama’s canal under an agreement negotiating with the President Jimmy Carter And approved by the Senate in 1978, with the US retained the permanent right to protect the canal against any threat of its neutrality.

Trump has claims to have no evidence that China controlled the Panama canal. He said he would think of the use of military force to catch it from Panama, one of the closest allies in Washington in Latin America.

“We didn’t give it to China,” Trump told Congress on Tuesday. “We gave it to Panama and we turned it on.”

Both China and Panama denied any foreign interference in the 50-kilometer canal, whose neutrality was filled with Panama Constitution.

“China supports Panama’s sovereignty in the canal and is committed to maintaining its condition as a permanent neutral international spokesman,” as a regular beijing sow on Wednesday.

“China has not been involved in management or operation in the canal, nor has its activities worn,” he said.

The Trump administration and members of Congress are shortened to the proposed $ 22.8 billion agreement, a person familiar with the NBC news item.

The Consortium, also includes Geneva-based company based, can control an 80% interest in CK Hutchisioniary hutchisionary ports, which operates 43 ports in 23 countries. It also receives 90% of Panama ports, which operates in the Pacific Side Port of the canal and port of the Atlantic Cristóbal.

It does not affect the company’s ports in China.

“I want to stress that the transaction is purely commercial in nature and has nothing to do with new news of political ports,” Frank Siames in CK Hutchison, said to a news release.

The news sent CK Hutchison to 22% Wednesday in Hang Seng Index Index in Hong Kong.

Panama Canal Restriction A high profile focus on Trump administration, with Marco Rubio Make Panama part of his first foreign trip as Secretary of State.

Hutchison ports won the rights to handle two Panama’s ditches in 1997 in a bidding process described as fair and nondiscbriminatory by US officers during. In 2021, its contract is expected until 2047.

Although both ports sit on opposite ends of Panama canal, ships need not pass through them to enter. Other ports of canal run by companies from Taiwan, Singapore and US

The ports served especially to face shipment, while the canal itself operated by anala Authority Authority, an independent government agency.

Although CK Hutchison is a private company based in Hong Kong, a semiiautonomman Chinese territory, Trump administration officials argue that it is the control of the city.

Potential sales, subject to regulatory approval, is the first Reported to The Wall Street Journal.



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