"China has detained nearly 70 Panamanian-flagged ships in March, a number far exceeding historical norms, following Panama's Supreme Court ruling regarding the Balboa and Cristobal terminals."
"The joint statement from Bolivia, Costa Rica, Guyana, Paraguay, Trinidad and Tobago, and the United States condemned China's targeted economic pressure on Panama, viewing it as a blatant attempt to politicize maritime trade."
"US Secretary of State Marco Rubio expressed deep concern over China's economic pressure on Panama, stating that any attempts to undermine Panama's sovereignty are a threat to all nations in the hemisphere."
"US Federal Maritime Commission head Laura DiBella noted that Beijing's detention of Panamanian ships had repercussions for both Panama and the US, indicating a punitive measure following the Supreme Court's decision."
China detained nearly 70 Panamanian-flagged ships following a Supreme Court ruling in Panama that annulled contracts with a Hong Kong conglomerate. The ruling deemed the agreements unconstitutional. In response, Bolivia, Costa Rica, Guyana, Paraguay, Trinidad and Tobago, and the United States issued a joint statement supporting Panama and condemning China's economic retaliation. US officials expressed concern over China's actions, viewing them as an infringement on Panama's sovereignty and a politicization of maritime trade. China criticized the US for alleged bullying in Latin America and labeled the court ruling as absurd.
Read at www.aljazeera.com
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