Panamanian President Mulino refutes PPC claims over arbitration response in port operations dispute
Panamanian President Jose Raul Mulino has publicly countered accusations from the Panama Ports Company (PPC), a subsidiary of CK Hutchison Holdings, regarding the government's alleged failure to respond to an arbitration request. This dispute arose after Panama confiscated terminal operations at the Balboa and Cristobal ports in February, fueling tensions over control of these strategic assets. President Mulino's statements, reported on Thursday, directly refuted PPC's claims that Panama had not submitted its response to the arbitration by the March 13 deadline. The PPC, owned by Hong Kong tycoon Li Ka-shing, had alleged that the Panamanian government was "not prepared" and... [Continue Reading]
