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Panama Court Strikes Down Controversial Port Concession Deal

1/30/2026

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Story summary
  • Panama's Supreme Court ruled that CK Hutchison Holdings' concession to operate ports at the Panama Canal is unconstitutional.
  • The decision followed an audit that found irregularities in the 25-year extension granted in 2021, costing the Panamanian government about $1.3 billion.
  • The court did not clarify the future status of the port operations.
  • The ruling boosts U.S. security interests in the region under U.S. President Donald Trump.