Hong Kong Company to sell the Parish Panama channels in the middle of American pressure
The company based in Hong Kong agreed to sell most of its stakes in two key ports on the Panama Channel group led by the US investment company Blackkrock.
Sales come after a few weeks of appeal by President Donald Trump that the canal is under Chinese control and that the US should take control of the main shipping route.
Through the branch, CK Hutchison Holding acts on ports on the Atlantic Ocean and the Pacific Ocean into the canal.
On Tuesday, it was said that he would sell his interests as part of a $ 22.8 billion (17.8 billion pounds).
CK Hutchison is not owned by the Chinese government, but his Hong Kong base means that he acts under Chinese financial law. He has been managing ports since 1997.
The deal includes a total of 43 ports in 23 countries around the world, including two channel terminals. This will require approval by the Panama Government.
The 51 -kilometer Panaman channel intersects in the central American nation and is the main connection between the Atlantic and the Pacific.
Up to 14,000 ships travel through it every year, including the ships of containers carrying cars, natural gas and other goods and military vessels.
It was built in the early 1900s. The United States held control over the canal zone until 1977, when the contracts gradually gave the land back to Panama.
After a period of joint control, Panama took over the only control in 1999.
Trump presented several arguments to return control over the canal and surroundings. He claimed that Chinese influence was threatening national security, that American investment in the initial construction of the channel justifies the control of control and that US ships were too charged to use the fruit road.
To visit Panami in February, US Secretary of State Marco Rubio asked the country to make “immediate changes” in what he calls “influence and control” China over the channel.
Panama rejected the statements of the US government, and President Jose Raul Mulino said the channel was “remained” in the hands of the Central American land.
In a statement announced by the Business Agreement, Frank Sixt, Director of CK Hutchison’s suppression, said: “I would like to emphasize that the transaction is a purely commercial nature and completely unrelated to the recent reports of political news concerning Luka Panama.”
Blackkck is one of the world’s largest asset management companies. A group that buys ports also includes the Terminal Investment Limited, a Swiss company.
