Panama City, Feb 4, 2025 (AFP) - Panama lawsuit requests axing Hong Kong firm's canal concession

NAMPA / AFP

2025-02-04

Two Panamanian lawyers filed a complaint Monday to cancel the concession of a Hong Kong-based company for operating two ports on the Panama Canal, following US President Donald Trump's threats to seize the vital waterway. A subsidiary of CK Hutchison Holdings -- owned by Hong Kong billionaire Li Ka-shing -- manages two of the canal's five ports, an arrangement in place since 1997 via a concession from the Panama government. But Norman Castro, on......

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