On December 27th, Panamanian President Mulino said on the 26th that the sovereignty of the Panama Canal belongs to Panama and there is no room for renegotiation. The Panama Canal is now independently managed by Panamanians, and the process of setting toll standards is open and transparent, without separately lowering prices for American ships. Mulino stated at a press conference that the economic compensation given by the United States to Panama for controlling the Panama Canal was minimal. It took generations of effort for Panamanians to successfully regain sovereignty over the Panama Canal, and President elect Trump’s remarks about “reclaiming” the Panama Canal ignore historical facts. (CCTV News)
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