The US president-elect has vowed to safeguard the “US canal” from falling into “the unsuitable arms”
President Jose Raul Mulino has addressed the nation in response to US President-elect Donald Trump’s menace to retake management of the Panama Canal, a significant waterway that contributes billions of {dollars} to the Panamanian economic system yearly and serves as an important artery for world commerce.
In his video deal with on Sunday, Mulino emphasised that the sovereignty and independence of the nation are “non-negotiable” and underscored the canal’s significance as a part of the “historical past of wrestle and an irreversible conquest.”
“Each sq. meter of the Panama Canal and its adjoining space belongs to Panama, and it’ll proceed to be so,” Mulino declared.
Over the weekend, Trump expressed outrage on Reality Social and through a speech on the AmericaFest convention over what he known as “exorbitant” charges charged for the passage of American vessels via the canal, accusing Panama of exploiting america with extreme charges.
“We’re being ripped off on the Panama Canal, similar to in all places else,” regardless of the “extraordinary generosity that has been bestowed on Panama,” he advised supporters in Arizona on Sunday.
“If the rules, each ethical and authorized, of this magnanimous gesture of giving usually are not adopted, then we are going to demand that the Panama Canal be returned to america of America. In full. Rapidly and with out query,” Trump proclaimed, warning officers in Panama to “please be guided accordingly.”
Trump additionally declared that he would by no means permit the canal to fall into “the unsuitable arms,” specifically China’s, emphasizing {that a} “safe Panama Canal is essential for US commerce and the speedy deployment of the Navy from the Atlantic all the way in which to the Pacific.”
Trump additional emphasised his statements by sharing a picture on Reality Social of an American flag over a slim waterway with the caption, “Welcome to america Canal!”
Panama responded to Trump’s tweet in regards to the Panama Canal.Then Trump responded by renaming the canal with “welcome to america Canal”. pic.twitter.com/snYqWnrdM1
— Wall Road Mav (@WallStreetMav) December 22, 2024
Mulino strongly rejected these claims, stating that the canal’s charges are set publicly and transparently, contemplating market situations, worldwide competitors, working prices and upkeep wants. He highlighted that because the switch of the canal from america to Panama on December 31, 1999, as per the Torrijos-Carter Treaties signed in 1977, there have been no objections or complaints relating to Panama’s management.
“These treaties additionally established the everlasting neutrality of the canal, guaranteeing its open and safe operation for all nations,” he mentioned, calling it the most effective tribute to the martyrs who fought for Panama’s sovereignty and dignity through the 1964 anti-American riots. Mulino rejected any notion that China, the European Union, or another energy has direct or oblique management over the canal.
The canal has turn out to be a supply of sturdy nationwide satisfaction, managed by certified Panamanian professionals who guarantee its protected, steady, environment friendly, and worthwhile operation, the president added. It additionally contributes billions of {dollars} to the Panamanian economic system yearly and serves as an important artery for world commerce.
“Panama respects different nations and calls for respect,” the president concluded, stating that he aspires to protect good relations with the incoming US authorities on points corresponding to drug trafficking, terrorism, organized crime, and unlawful migration, however the neutrality of the canal is “non-negotiable.”