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Panama pulls out of Chinese Belt and Road infrastructure program: president

panama canal is and will remain Panamanian
Source: Pixabay

Panama has formally pulled out of China’s massive Belt and Road infrastructure program, following pressure from the United States to reduce Beijing’s influence on the Panama Canal, President Jose Raul Mulino announced Thursday.

Mulino told reporters that the Panamanian Embassy in Beijing had given China the required 90-day notice of its decision not to renew its involvement in the plan.

 

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AFP

Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.

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