U.S. Ambassador to Panama Kevin Cabrera over the weekend emphasized in an official statement that the recent ruling from Panama’s Supreme Court nullifying two Canal port contracts awarded to a China-linked company strongly affirms the rule of law.
Cabrera indicated that the ruling confirms Panama’s independent judiciary “enforces legal compliance, transparency, and public-interest obligations – holding all private operators accountable.”
“This ruling strengthens Panama’s national security and investment climate by boosting predictability, fairness, and legal confidence. Investors gain assurance that valid contracts are protected and improper ones corrected, making Panama more attractive for quality, long-term investment,” the statement read.
“The decision enables a review of port governance and transparent, competitive processes to attract world-class investors that bring innovation, efficiency, quality jobs, and reinforce Panama’s
Continue reading
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!