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Panama Withdraws from China’s Belt and Road Initiative

Kumari Sonali

Panama Withdraws from China’s Belt and Road Initiative:

Panama has officially announced its withdrawal from China’s Belt and Road Initiative (BRI), marking a significant geopolitical realignment. President José Raúl Mulino’s decision reflects growing tensions between global powers, particularly the United States and China, over the strategic Panama Canal. The move signals a shift in Panama’s foreign policy, focusing on strengthening ties with the U.S. while re-evaluating Chinese investments in the country.

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