
Panama has formally exited China’s belt and road infrastructure program after pressure from the United States to reduce the impact of Beijing on the Panama Canal. Panama President Jose Raul Mulino made this announcement on Thursday. Mulino told reporters that the Panama Embassy in Beijing had given China notice of 90 days required to not renew its participation in the scheme for this.
Earlier Panama was challenging
Earlier, Panama had complained to the United Nations against US President Donald Trump’s threat to capture the Panama Canal. Along with this, he has also started audit of the operator associated with Hong Kong of two ports on the inter -semagar waterway. The Panama City government wrote a letter to United Nations Secretary General Antonio Guterres and cited an article of the United Nations Charter, which any member is threatened by any member against the regional integrity or political freedom of another country. Can stop the use of “.
What did Trump say
Donald Trump said after the oath of presidential, that China had undeclared the Panama Canal. Donald Trump said that our Navy and business have been treated very unfair and indiscriminately. The fees charged by Panama are ridiculous. In such a situation, such things should be closed immediately. He further said that if the Panama Channel’s “safe, skilled and reliable operation” could not ensure, then we will demand that the Panama Canal be returned to us completely and without any question. In the late 1999, the United States has given this canal in the late 1999. Had handed over to Panama.
Why Panama Canal is important
The Panama Canal is considered to be the most unique canal in the world. This canal is located in Panama, Central America. It connects the Pacific Ocean and Atlantic Ocean. The length of this canal is 82 kilometers. This canal is one of the major waterways of international trade. More than 15 thousand small and big ships pass through this canal every year.
Importance of Panama Canal of America
Due to passing through this canal, the distance between the eastern and west coasts of America decreases to 12,875 km. If this canal was not there, then the ships would have to travel so far. Which also takes additional fuel and time to complete. With the construction of this canal, the ship now completes this distance in just 10-12 hours.
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