Current Affairs Section
AFTER THREATS AND WARNINGS FROM DONALD TRUMP AND MARCO RUBIO, PANAMA BUDGES AND PLEDGES TO END THE CANAL DEAL WITH CHINA
- The decision makes Panama the first Latin American country to withdraw from the global infrastructure initiative.
Panama Canal:
- It is a man made waterway that connects the Atlantic and Pacific oceans across the Isthmus of Panama.
- It is owned and administered by Panama
- It was built by the United states and completed in August 1914,
- It is one of the two most strategic artificial waterways in the world, the other being the Suez Canal.
Category: International