PANAMA CITY: Panama has complained to the United Nations over US President Donald Trump’s “worrying” threat to seize the Panama Canal, even because it launched an audit of the Hong Kong-linked operator of two ports on the interoceanic waterway.
In a letter to UN Secretary-Normal Antonio Guterres, the federal government in Panama Metropolis referred to an article of the UN Constitution precluding any member from “the risk or use of power” towards the territorial integrity or political independence of one other.
The missive, distributed to reporters on Tuesday (Jan 21), urges Guterres to refer the matter to the UN Safety Council, with out asking for a gathering to be convened.
Trump, in his inaugural address on Monday, repeated his criticism that China was successfully “working” the Panama Canal by its rising presence across the waterway, which the USA handed over on the finish of 1999.
“We did not give it to China, we gave it to Panama. And we’re taking it again,” Trump mentioned.
The Panamanian comptroller’s workplace that oversees public entities then introduced “an exhaustive audit” can be launched “aimed toward guaranteeing the environment friendly and clear use of public assets” on the Panama Ports Firm.
The corporate, a part of Hutchison Ports, a subsidiary of Hong Kong-based conglomerate CK Hutchison Holdings, operates the ports of Balboa and Cristobal on both finish of the canal.
The comptroller’s workplace mentioned the intention was to find out whether or not the corporate was complying with its concession agreements, together with sufficient reporting of earnings, funds and contributions to the state.
Hutchison Ports PPC mentioned in an announcement that it has “maintained and can proceed to keep up a clear and collaborative relationship” with Panamanian authorities.
“We stay steadfast in our dedication to adjust to all legal guidelines and rules, absolutely exercising our contractual duties,” the agency mentioned.
“Our monetary outcomes, audited by an impartial exterior auditor, have been shared yearly with our companion, the Panamanian State, guaranteeing belief and readability in our administration.”
Panama’s President Jose Raul Mulino has denied that another nation was interfering within the canal, which he mentioned was operated on a precept of neutrality.
“The canal is and can stay Panama’s,” Mulino mentioned in response to Trump’s threats.