Colombia, Panama Advance Cross-Border Electricity Trade Plans

The Panama Canal, opened in 1914, has faced recent challenges, including a decrease in ship traffic and increased waiting times due to a water shortage, prompting shipping companies to consider alternative routes. Amid these operational issues, there is growing concern over China's influence in the region, particularly regarding the sale of two Panama ports from Hong Kong-based CK Hutchison to BlackRock, which has raised geopolitical tensions. U.S. officials highlight the strategic importance of the canal for national security, emphasizing the need to limit Chinese presence in critical infrastructure. The Trump administration previously expressed alarm over China's activities around the canal, underscoring its historical ties with Panama. Current discussions have led to commitments from Panama to remove the canal from China's Belt and Road Initiative, aiming to strengthen U.S.-Panama relations. As these developments unfold, the intersection of commerce, politics, and security continues to shape the future of the Panama Canal.