The president of Panama, José Raúl Mulino, confirmed that he will not renew the memorandum of understanding, called Silk routesigned with China in November 2017, under the administration of the former president Juan Carlos Varela.
The decision occurs after the meeting with the United States Secretary of State, Marco Rubio during his visit to the South American country.
Said memorandum, promoted between the two countries the “economic strip of the Silk route” and the “Maritime Route of the Silk of the 21st Century”, with the aim of promoting the exchange, goods, technology, capital and personal, reviews the Press.com web portal
The so -called “Silk Route” is a mega network of maritime and land routes created by China with the aim of generating investments, financing, trade agreements and tens of special economic zones (Zee) in not less than 60 countries, including Panama .
According to information obtained from a government official, Panama promised the US naval ships free of the channel, thus satisfying one of Donald Trump’s main demands.
The current president of the United States, Donald Trump redoubled his commitment to the Panama Canal On his first day at the White House, he promised that he was going to “Recover it”25 years after USA He would completely give it to Panama, complying with the Torrijos-Carter Treaty, signed in 1977.
The Republican president said in his investiture speech that The “purpose” and “spirit” of the treaty that yielded the 81 -kilometer channel, built by the United States and opened in 1914, to Panama in 1999 have been “Completely raped”with the collection of High tariffs To US banks and control that, he maintains, maintains China on the interoceanic path.
“China is operating the Panama Canal and we did not give it to China,” Trump insisted, which does not rule out the use of military force to recover control over the artificial river route that connects the Atlantic Ocean with the Pacific Ocean, which The authority of the Panama Canal (ACP) has administered for 25 years.
In paragraph II of the memorandum, it is detailed that both China and Panama would cooperate on issues of Communication, politics, connection, infrastructure, trade fluid, Funds and the union of wills of the people. The agreement is renewable every three years and automatically extends for another three years, unless it is terminated by one of the parties.
The Communist Party of China without control in Panama
The Mulino President did not report when he will notify China of the decision to leave the memorandum that was extended twice, 2020 and 2023.
Meanwhile, Rubio used his social networks to affirm that “the United States cannot allow, and will not allow the Chinese Communist Party to continue its effective and growing control over the Panama Canal area. We also discuss efforts to end the mass migration crisis in the hemisphere and guarantee fair competition for US companies. ”
