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RE: LeoThread 2025-01-30 12:14

in LeoFinance9 months ago

Part 3/8:

Further discussions explored the distinction between the Panama Canal Authority and the Panamanian government. Chairman Solo reiterated that, under U.S. law originating from the Merchant Marine Act of 1920, the canal operates as a single entity. He offered a parallel, comparing the situation to the Georgia Ports Authority, indicating that while the Authority maintains independent governance, it ultimately operates under the umbrella of state oversight.

China's Involvement and Security Concerns