Categories: Bureaucratic Fraud

Support for Panama’s Sovereignty – United States Department of State

[ad_1]

China’s recent actions against Panama-flagged vessels raise serious concerns about the use of economic tools to undermine the rule of law in Panama, a sovereign nation and vital partner for global commerce. Detentions, delays, or other impediments to the movement of vessels undermine the stability of global supply chains, increase costs for businesses and consumers, and erode confidence in the international trading system.

China’s actions against Panama-flagged vessels follow the recent decision by Panama’s independent Supreme Court regarding the Balboa and Cristóbal terminals. This sovereign ruling upheld transparency, the rule of law, and held private operators accountable to the public interest. The judgment also makes clear that Panama is a reliable partner for international investment and business opportunities. The United States stands firmly with Panama and looks forward to increasing our economic and security cooperation with this important partner.

[ad_2]
Source link
Corruption Buzz

Share
Published by
Corruption Buzz

Recent Posts

H&F Cracks Down on Housing Fraud in the Borough – FulhamSW6

[ad_1] H&F Cracks Down on Housing Fraud in the Borough  FulhamSW6 [ad_2] Source link

3 weeks ago

Bribery, corruption: What you should know – Daily Express Malaysia

[ad_1] Bribery, corruption: What you should know  Daily Express Malaysia [ad_2] Source link

3 weeks ago

Public housing fraud: Organised crime or a scam? – news.sky.com

[ad_1] Public housing fraud: Organised crime or a scam?  news.sky.com [ad_2] Source link

3 weeks ago

Hong Kong man loses HK$13 million in fake crypto investment app scam – Crypto News

[ad_1] Hong Kong man loses HK$13 million in fake crypto investment app scam  Crypto News [ad_2]…

3 weeks ago

Regent’s Sahed shown arrested in money laundering case – Daily Observer

[ad_1] Regent’s Sahed shown arrested in money laundering case  Daily Observer [ad_2] Source link

3 weeks ago

Khadeer Khan Mohammed – Office of Inspector General (.gov)

[ad_1] Khadeer Khan Mohammed  Office of Inspector General (.gov) [ad_2] Source link

3 weeks ago