3 days ago · Panama will allow its 2017 trade and development pact involving China’s “Belt and Road Initiative” to expire, said Panamanian President José Raúl Mulino at a press conference Sunday ...

3 days ago · When Panama signed up for China's vast Belt and Road Initiative in 2017, it became the first country in Latin America to join the massive international infrastructure financing project that ...

1 day ago · On February 3, 2025, Panamanian President José Raúl Mulino made a sudden announcement that Panama would not renew the Belt and Road Initiative (BRI) Memorandum of Understanding (MoU) signed with China in 2017. Furthermore, he indicated plans to terminate related agreements ahead of their scheduled expiration in 2027 and 2028, while also …

The Chinese "Belt and Road Initiative" is a strategy for developing logistics and trade. 149 countries have joined the initiative. Panama signed a memorandum in 2017, which was renewed every three ...

4 days ago · Panama has decided not to renew its participation in Chinas Belt and Road Initiative (BRI), making it the first Latin American nation to leave the programme. President José Raúl Mulino stated that his administration would assess whether an early termination is possible. The announcement follows discussions with U.S. Secretary of State Marco Rubio, who relayed …

3 days ago · Panama was the first Latin American country to officially join the Belt and Road Initiative in 2017, shortly after severing diplomatic ties with Taiwan in favor of Beijing. BRI, China's flagship infrastructure initiative, seeks to connect economies worldwide through investments in roads, ports, telecommunications, and energy projects.

3 days ago · Panama was the first Latin American country to officially endorse the Belt and Road Initiative in November 2017, five months after switching diplomatic ties to China from Taiwan, the ...

4 days ago · Panama would not renew a 2017 memorandum of understanding to join China’s overseas development initiative, known as the Belt and Road initiative, Mulino said, also suggesting that the deal with ...

4 days ago · Panamanian leader José Raúl Mulino said the country would not renew its agreement with China’s Belt and Road Initiative when it expires.

4 days ago · Panama was the first Latin American nation to join the Belt and Road Initiative and now becomes the first to back away from it. The initiative seeks to spread Chinese influence worldwide through ...