Panamanian President José Raúl Mulino said he had instructed diplomats at the Central American country’s embassy in Beijing to submit the required 90-day notice of withdrawal from the memorandum of understanding signed in 2017.
“I do not know what was the intention of those who signed this agreement with China. What has it brought to Panama all these years? What are the great things that this Belt and Road Initiative has brought to the country?” Mulino said at a press conference.
“So, no [we will not participate],” he added. “This is a decision I have made.”
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Panama formally exits China’s Belt and Road Initiative as US claims ‘victory’ in decision
Panama formally exits China’s Belt and Road Initiative as US claims ‘victory’ in decision
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