Panama leaders reassert sovereignty over Panama Canal after Trump threat

Panama leaders reassert sovereignty over Panama Canal after Trump threat

Panama's President Jose Raul Mulino reaffirmed the country's sovereignty over the Panama Canal in a statement signed alongside three former presidents of the country on Tuesday in response to recent threats made by U.S. President-elect Donald Trump to take control of the canal.

Calling the Panama Canal "a vital national asset for the United States", Trump on Saturday slammed what he called unfair fees for U.S. ships passing through the Canal and threatened to demand control of the waterway be "returned" to Washington.

Trump's statement has been met with fierce opposition from the Panama side.

Tuesday's statement by the presidents restated that the sovereignty and independence of Panama are not negotiable.

"As former presidents, we support the statements of President Jose Raul Mulino and we unite under the affirmation that the sovereignty of our country and our canal are not negotiable," former presidents Mireya Moscoso, Ernesto Perez Balladares, and Martin Torrijos Espino said in the statement.

The statement noted that the canal has the mission of serving humanity and its trade, which is one of the great values that Panamanians offer to the world, giving the international community a guarantee of not taking part, or being an active part in any conflict.

Also on Tuesday, the Bolivarian Alliance for the Peoples of Our America - People's Trade Treaty (ALBA-TCP) said in a statement that its member states strongly reject the statements made by Trump.

The Panama Canal is an important commercial passageway protected by International Law, the Torrijos-Carter Treaty and the Treaty Relating to the Permanent Neutrality and Operation of the Panama Canal, which, as an immovable law, establishes that the waterway is an inalienable part of Panamanian territory, and therefore this claim represents an aggression against the sovereignty of that country, said the statement.

The Bolivarian Alliance categorically rejects this new threat to the Latin American and Caribbean region and supports Panama in the defense of its sovereignty, territorial integrity and self-determination, the statement said.

The Panama Canal, an artificial waterway in Panama that connects the Atlantic with the Pacific, was completed by the United States in 1914 and returned to Panama in 1999 under a treaty signed by then U.S. President Jimmy Carter and then Panamanian leader Omar Torrijos. The deal relinquishes American control over the canal by year 2000 and guarantees its neutrality.

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