$2 Billion Fight Over Panama Canal Ports Intensifies
Key Points — Panama rejected CK Hutchison subsidiary PPC’s claims that the government failed to respond to arbitration proceedings, with President Mulino calling the accusations “scandalous” and “a lie” — PPC is seeking at least $2 billion in damages at the International Chamber of Commerce after Panama voided its 25-year port concessions and seized control […] The post $2 Billion Fight Over Panama Canal Ports Intensifies appeared first on The Rio Times.
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Key Points — Panama rejected CK Hutchison subsidiary PPC’s claims that the government failed to respond to arbitration proceedings, with President Mulino calling the accusations “scandalous” and “a lie” — PPC is seeking at least $2 billion in damages at the International Chamber of Commerce after Panama voided its 25-year port concessions and seized control […]
The post $2 Billion Fight Over Panama Canal Ports Intensifies appeared first on The Rio Times.
