The Government of the Republic of Panama will ensure that all local regulations and laws are respected before the Panama Maritime Authority (AMP), on behalf of the country, makes any decision following the public announcement of the purchase of ports by BlackRock and CK Hutchison Holdings Limited.
The Comptroller's audit continues its course for a thorough review of the transaction. In this sense, the Panamanian government is committed to ensuring transparency and legality in this process of acquiring port infrastructure.
In the words of a representative of the Government of Panama: "It is our duty to ensure that all local laws and regulations are respected in this type of transaction, and we are closely monitoring the development of the Comptroller's audit to ensure that everything is carried out in accordance with the law."
This thorough review by Panamanian authorities is expected to provide clarity on the operation and ensure that the interests of the country and its citizens are protected in the process of purchasing ports.
