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.
The U.S. military announced that it has completed a new wave of strikes against Iranian military targets under U.S. President Donald Trump's orders. T...
The German broadcaster says energy, trade, transport and regional stability are transforming relations between Baku and Berlin....
Aid organisations in Afghanistan are struggling to keep women in work as Taliban restrictions force them to spend more on male guardians, transport an...
The U.S. military announced that it has completed a new wave of strikes against Iranian military targets under U.S. President Donald Trump's orders. The operation targeted command centres, air defence systems, missile and drone facilities, and coastal surveillance sites across multiple locations.
The Trump administration is pressing ahead with new immigration rules that will impose fixed time limits on visas for foreign students, cultural exchange visitors and journalists, tightening requirements for thousands of people who study and work in the U.S.
A Russian Soyuz spacecraft carrying two Russian cosmonauts and one U.S. astronaut successfully docked with the International Space Station (ISS) on Tuesday, highlighting continued U.S.-Russian cooperation in space despite wider geopolitical tensions.
On 16 July, AnewZ's Daybreak focused on escalating tensions between the U.S. and Iran, growing concerns over global energy supplies, and France's landmark assisted-dying legislation.
U.S. President Donald Trump announced the reimposition of a U.S. naval blockade on all Iranian ports and warned that power plants and bridges could be targeted next week unless Tehran returns to negotiations.
The United States carried out a third consecutive night of airstrikes against Iran, targeting military capabilities around the Strait of Hormuz as Donald Trump announced the reinstatement of a blockade on Iranian shipping and proposed a 20% fee on cargo passing through the strategic waterway.
The U.S. military announced that it has completed a new wave of strikes against Iranian military targets under U.S. President Donald Trump's orders. The operation targeted command centres, air defence systems, missile and drone facilities, and coastal surveillance sites across multiple locations.
The death toll from the fire at a live music pub in Bangkok has climbed to 32 after two more victims died from their injuries, according to Thailand's Police Hospital.
Ukraine and Russia exchanged fresh attacks on Tuesday, with Kyiv targeting shipping and energy infrastructure inside Russia while Moscow launched another large-scale missile and drone assault on Ukrainian cities.
The Trump administration is pressing ahead with new immigration rules that will impose fixed time limits on visas for foreign students, cultural exchange visitors and journalists, tightening requirements for thousands of people who study and work in the U.S.
Keir Starmer has reaffirmed that the UK's "unwavering" support for Ukraine will continue, during his final visit to the country as Prime Minister.
Two British hackers who carried out a cyberattack on Transport for London (TfL) that cost the transport authority £29 million to remediate have been jailed for a total of 11 years.
At least 11 people have been killed and 19 injured in a fire at an orphanage on the outskirts of the Algerian capital, state media reported. The blaze broke out early on Thursday at the institution in the eastern suburbs of Algiers.
A woman whose husband was sucked out of the window of a plane during a Ryanair flight has recounted pulling her husband to safety. Serbian couple Svetlana Maksimovic and Ljubisa Karovic had just settled into a flight with the airline last week, when a loud bang pierced the hum of engines.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment