Panama drops Belt and Road deal with China amid Donald Trump’s warning, but sends a strong message to US





Panama has officially withdrawn from China’s Belt and Road Initiative, saying that it will not renew the 2017 Memorandum of Understanding (MoU) to join China’s overseas development initiative. Panama also reaffirmed its sovereignty over the Panama Canal as President Jose Raul Mulino asserted that his country’s sovereignty over the world’s second busiest waterway is not up for discussion.

The decision of Panama to end its Belt and Road deal with China comes amid Donald Trump’s warnings that the United States would take control of the Panama Canal – a vital waterway.

Panama Canal was built by the US in the early 20th century and handed over to Panama in 1999. After returning to office, Donald Trump has claimed that the Panama Canal was being operated by China.





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