After Trump’s threat, Panama complained to UN, also started audit of port company

Panama has complained to the United Nations against US President Donald Trump’s worrying threat to take over the Panama Canal. He has also started an audit of the Hong Kong-based operator of two ports on the inter-oceanic waterway. Regarding the threat, the government of Panama City has written a letter to UN Secretary-General Antonio Guterres and cited an article of the UN Charter, which prohibits any member from using “threat of force against the territorial integrity or political independence of another country.” Can prevent the use of “.

Trump had talked about taking back the Panama Canal during his swearing in.

Let us tell you that during his swearing-in on Monday, Donald Trump had reiterated his complaint that China is effectively “running” the Panama Canal through its increasing presence around the waterway, which was closed by the United States in late 1999. Was handed over to him. He had said, “We have not given it to China, we have given it to Panama and now we are taking it back.”

Audit will be done in Panama Ports Company

Panama’s Comptroller’s Office, which oversees public institutions, announced after Trump’s statement that it would launch “a comprehensive audit” of Panama Ports Company “with the aim of ensuring the efficient and transparent use of public resources.” The company is part of Hutchison Ports, a subsidiary of Hong Kong-based conglomerate CK Hutchison Holdings, which operates the ports of Balboa and Cristobal at either end of the canal.

Hutchison Ports said this

Hutchison Ports PPC said in a statement that it has “maintained and will continue to maintain a transparent and cooperative relationship” with Panamanian authorities. Republicans have been pressing for weeks for the canal, through which 40 percent of America’s container traffic travels. They have refused to use military force to get it back.

America and then China are the main users of these canals.

Let us tell you that the agreement of Panama Ports Company was extended for 25 years in 2021. The United States is the main user of the canal followed by China. Since 2000, the waterway has contributed more than $30 billion to Panama’s government coffers, including nearly $2.5 billion in the last fiscal year.