💨 Abstract

The US and Panama have announced a waiver of fees for US government vessels transiting the Panama Canal. However, the Panama Canal Authority clarified that this does not affect existing tolls or transit rights. The Authority is ready to dialogue with US officials about US warship transit. The move comes after US President Donald Trump threatened to take control of the canal due to high fees on US ships.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖