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Panama receives international support amid maritime trade tensions
๐Ÿ‡ต๐Ÿ‡ฆ Panama /Economy & Trade

Panama receives international support amid maritime trade tensions

From TVN Panamรก · (13m ago) Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

TLDR

  • Several countries, including the US and Bolivia, have issued a joint statement supporting Panama's sovereignty amid international maritime trade tensions.
  • The statement warns against what it calls "selective economic pressure" from China, following actions affecting Panamanian-flagged vessels.
  • The nations affirmed Panama's crucial role in the maritime trade system and expressed solidarity with the country.

Panama's steadfast defense of its sovereignty and its crucial role in global maritime trade has garnered significant international backing. A joint declaration by the governments of the United States, Bolivia, Costa Rica, Guyana, Paraguay, and Trinidad and Tobago underscores the region's commitment to Panama's interests amidst escalating tensions.

Panamรก es un pilar de nuestro sistema de comercio marรญtimo y, como tal, debe permanecer libre de cualquier presiรณn externa indebida

โ€” Joint Statement by US, Bolivia, Costa Rica, Guyana, Paraguay, and Trinidad and TobagoThe statement emphasizes Panama's vital role in the global maritime system and its right to be free from undue external pressure.

The statement directly addresses concerns over "selective economic pressure" and actions that have detrimentally affected vessels flying the Panamanian flag. This international support highlights the strategic importance of Panama's maritime infrastructure and its position as a linchpin in the global supply chain. The declaration serves as a clear message against any undue external influence that seeks to politicize international commerce.

Nos solidarizamos con Panamรก

โ€” Joint Statement by US, Bolivia, Costa Rica, Guyana, Paraguay, and Trinidad and TobagoThe signatory nations express their direct support and solidarity with Panama.

Panamanian officials have responded with firm resolve, denouncing discriminatory measures and demanding adherence to international trade norms. The government's stance emphasizes the need for unimpeded global commerce, free from unjustified reprisals. This situation underscores the delicate geopolitical balance in international trade routes, where Panama's stability is paramount for hemispheric and global economic security. The solidarity expressed by allied nations reinforces Panama's position and its commitment to maintaining open and secure maritime pathways for all.

Panamรก de manera muy firme y contundente ha rechazado cualquier medida discriminatoria que pueda tomarse en contra de nuestras flotas y ha reclamado respeto y un trato conforme a las directrices y enunciados principales del sistema comercial del mundo.

โ€” Carlos Guevara Mann, Vice Minister of Multilateral Affairs and Cooperation of PanamaPanama's Vice Minister assures that the country has firmly rejected discriminatory measures against its fleets and demanded respect for international trade guidelines.
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Originally published by TVN Panamรก in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.