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Date: 04/02/2025

Will take Panama Canal back as China controlling it, warns Trump                                   

US President Donald Trump has once again accused Panama of letting China take control of the Panama Canal, warning that the US would either take it back or something very powerful is going to happen. China is running the Canal, it was not given to them. It was given to Panama foolishly. But they violated the agreement, he asserted. The strategically important Panama Canal was constructed by the US and became operational in 1914. In 1977, US President Jimmy Carter and Panama leader General Omar Torrijos signed the Torrijos-Carter Treaties, agreeing to hand over the Canal to Panama, which was officially done on December 31, 1999. Meanwhile, Panama has announced its withdrawal from China’s Belt and Road Initiative, confirming that it will not renew the 2017 MoU tied to the global infrastructure plan, as per a report.
 
Source: Exim News Service: Washington, Feb. 3