CK Hutchison's Panama port dispute remains unresolved; Wang Yi meets Panamanian FM to request protection of interests
Following the ruling that CK Hutchison's port concessions in Panama were unconstitutional, Chinese FM Wang Yi met with his Panamanian counterpart to urge the protection of Chinese business interests.
📋 Article Processing Timeline
- 📰 Published: May 27, 2026 at 18:11
- 🔍 Collected: May 31, 2026 at 23:45 (101h 34m after Published)
- 🤖 AI Analyzed: June 2, 2026 at 00:58 (25h 13m after Collected)
Regarding the issue where the port concession rights held by Hong Kong's CK Hutchison group at both ends of the Panama Canal were ruled unconstitutional by the Panamanian Supreme Court, Chinese Foreign Minister Wang Yi met with Panamanian Foreign Minister Javier Martinez-Acha in New York. Wang urged the Panamanian side to effectively protect the legitimate rights and interests of Chinese enterprises. The Panamanian government took over the ports of Balboa and Cristobal in February, and they are currently being operated by Maersk and the Mediterranean Shipping Company (MSC). China expressed its desire to eliminate external interference and promote the stable development of bilateral relations.
FAQ
What is the background of this issue?
It stems from the Panamanian Supreme Court ruling the port concession contract of the CK Hutchison group as unconstitutional.