Panama lawsuit requests axing Hong Kong firm's canal concession
- Posted on February 4, 2025
- By Business News Today
- 1 Views
Panama lawsuit requests axing Hong Kong firm's canal concession
Two Panamanian lawyers filed a complaint aiming to cancel the concession of a Hong Kong-based company managing two ports on the Panama Canal. They argue the agreement violates the constitution and accuses the company of tax evasion. This follows Trumps threats to seize control of the canal from China.