In a recent development, President-elect Donald Trump has reignited discussions regarding the Panama Canal's control, suggesting that the United States might seek to reclaim it from Panama. This assertion has prompted a strong rebuttal from Panamanian President José Raúl Mulino, who emphasized his country's sovereignty over the vital waterway.
Trump's Assertion
During a rally in Phoenix, Arizona, President-elect Trump criticized the current fee structure for the Panama Canal, describing it as "ridiculous" and alleging that the U.S. is being "ripped off." He questioned the 1977 agreement that transferred control of the canal to Panama, suggesting that if the principles of this arrangement are not honored, the U.S. might demand the canal's return. Trump stated, "If the principles, both moral and legal, of this magnanimous gesture of giving are not followed, then we will demand that the Panama Canal be returned to the United States of America, in full, quickly and without question."
Mulino's Response
President Mulino responded firmly to Trump's remarks, asserting Panama's unwavering control over the canal. He released a statement emphasizing that "every square meter of the canal belongs to Panama and will continue to belong." Mulino explained that the canal's fees are determined by experts based on operational costs and market dynamics, underscoring that these tariffs are essential for the canal's maintenance and modernization. He further stated, "The tariffs are not set on a whim," highlighting the strategic importance of the canal to Panama's economy.
Historical Context
The Panama Canal, completed in 1914, was under U.S. control until 1999, when it was transferred to Panama under the Torrijos–Carter Treaties. This transfer was a significant event in Panama's history, marking the end of U.S. administration over the canal and affirming Panama's sovereignty. The canal remains a crucial conduit for global maritime trade, linking the Atlantic and Pacific Oceans.
Implications
Trump's recent comments have reignited debates over the canal's ownership and the fairness of its operational fees. While the U.S. has historically had a vested interest in the canal, the 1999 treaties legally and diplomatically transferred control to Panama. Any attempt to alter this arrangement would require complex negotiations and could have significant geopolitical ramifications.
As the situation develops, it remains to be seen how this diplomatic exchange will influence U.S.-Panama relations and the future management of the Panama Canal.
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