U.S. Deputy Secretary of State Christopher Landau discussed the importance of an ongoing audit with Panama's Foreign Minister Javier Martinez-Acha on Friday, according to a State Department readout.
The audit focuses on the management of concessions at the two ports flanking the Panama Canal, which are operated by the publicly listed Hong Kong company CK Hutchinson (0001.HK).
Although the Panama Canal itself is managed by Panama, the ports at either end have been under scrutiny due to their critical role in facilitating global trade. Other nearby ports are operated by private companies from the United States, Singapore, and Taiwan, adding layers of complexity to regional trade dynamics.
During their conversation, Landau emphasized that ensuring transparency and accountability in the management of these port concessions is essential for maintaining efficient operations and upholding international trade standards. The audit is part of broader efforts to monitor and improve infrastructure management around one of the world’s most strategic maritime passages.
The discussion reflects the strong cooperative ties between the United States and Panama, particularly on matters affecting trade and security. Further details on the audit and its outcomes are expected to be released in the coming weeks as part of ongoing efforts to bolster oversight and performance in the management of the Panama Canal's associated facilities.
Iran has rejected a U.S. demand to halt uranium enrichment ahead of a new round of nuclear talks set for Saturday in Oman. U.S. Secretary of State Marco Rubio said Iran must stop all enrichment and import only low-level uranium for civilian use.
U.S. Vice President JD Vance has delivered a stark ultimatum to Moscow and Kyiv, urging them to accept a proposed ceasefire deal or face a withdrawal of American diplomatic efforts.
U.S. President Donald Trump's envoy, Steve Witkoff, is traveling to Moscow this week for renewed peace talks with Russian President Vladimir Putin. The White House confirmed Tuesday that Witkoff will attempt to advance negotiations aimed at ending the war in Ukraine.
South Korean Finance Minister Choi Sang-mok departed for Washington on Tuesday to lead high-level trade negotiations with U.S. officials.
China’s pivot away from U.S. liquefied petroleum gas under new tariffs is shaking global energy flows, slashing demand, and fuelling a scramble for alternatives across Asia, with Middle Eastern suppliers and rival buyers seizing the moment.
The global movement against sex trafficking has lost a key voice, as Virginia Giuffre, a prominent figure in exposing Jeffrey Epstein’s crimes, has died in Australia at the age of 41.
After weeks of no new infections, Uganda has officially brought its latest battle against the deadly ebola virus to a close, authorities announced on Saturday.
China and Kazakhstan have reaffirmed their commitment to strengthening their permanent comprehensive strategic partnership, pledging to boost cooperation across key sectors during the second China-Kazakhstan Foreign Ministers' Strategic Dialogue in Beijing.
Thousands of mourners and dozens of world leaders are attending the funeral of Pope Francis at St. Peter’s Basilica, following his death at age 88.
North Korea has launched a new 5,000-tonne destroyer as part of Kim Jong Un’s plans to expand the country’s naval power far beyond its coastal waters.
China has rolled out the world’s first 10-gigabit (10G) fixed broadband network in Xiong'an New Area, promising ultra-fast speeds and low latency through cutting-edge optical infrastructure.
The Holy Fire ceremony stands as one of Christianity's most enduring and mysterious rituals, drawing thousands of pilgrims to Jerusalem each year.
Pope Francis's relationship with Azerbaijan has evolved significantly over the years, characterized by diplomatic exchanges, promotion of religious tolerance, and peace advocacy in the Caucasus region.
Russia launched a major missile and drone assault on Kyiv overnight on April 24, killing at least twelve people and injuring 90, including children and a pregnant woman, according to Mayor Vitali Klitschko.
China’s pivot away from U.S. liquefied petroleum gas under new tariffs is shaking global energy flows, slashing demand, and fuelling a scramble for alternatives across Asia, with Middle Eastern suppliers and rival buyers seizing the moment.
The global movement against sex trafficking has lost a key voice, as Virginia Giuffre, a prominent figure in exposing Jeffrey Epstein’s crimes, has died in Australia at the age of 41.
China and Kazakhstan have reaffirmed their commitment to strengthening their permanent comprehensive strategic partnership, pledging to boost cooperation across key sectors during the second China-Kazakhstan Foreign Ministers' Strategic Dialogue in Beijing.
Thousands of mourners and dozens of world leaders are attending the funeral of Pope Francis at St. Peter’s Basilica, following his death at age 88.
North Korea has launched a new 5,000-tonne destroyer as part of Kim Jong Un’s plans to expand the country’s naval power far beyond its coastal waters.
The DRC and Rwanda have pledged to draft a peace deal by May 2 and stop backing armed groups, as part of new efforts to end conflict in eastern Congo.
The global movement against sex trafficking has lost a key voice, as Virginia Giuffre, a prominent figure in exposing Jeffrey Epstein’s crimes, has died in Australia at the age of 41.
After weeks of no new infections, Uganda has officially brought its latest battle against the deadly ebola virus to a close, authorities announced on Saturday.
China and Kazakhstan have reaffirmed their commitment to strengthening their permanent comprehensive strategic partnership, pledging to boost cooperation across key sectors during the second China-Kazakhstan Foreign Ministers' Strategic Dialogue in Beijing.
Thousands of mourners and dozens of world leaders are attending the funeral of Pope Francis at St. Peter’s Basilica, following his death at age 88.
North Korea has launched a new 5,000-tonne destroyer as part of Kim Jong Un’s plans to expand the country’s naval power far beyond its coastal waters.
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