IMPORTANT NOTICE | Mayberry Investments Limited is a cashless institution.

Mayberry Investments Limited is a cashless institution.
Please note that cash deposits into any Mayberry account held at commercial banks, whether made in-branch or via Automated Banking Machines (ABMs), are not accepted and will not be processed. For information on accepted payment methods, please contact your Investment Advisor.

Panama’s Sovereignty Affirmed by U.S. Defense Secretary

April 10, 2025

On Wednesday, Panama announced that the United States recognized its sovereignty over the Panama Canal, despite recent tough rhetoric from Washington. This announcement came as the two nations agreed to deepen U.S. military training in Panama.

U.S. Defense Secretary Pete Hegseth publicly acknowledged Panamanian sovereignty during his visit, the first by a Pentagon chief to Panama in decades. Hegseth emphasized the strategic importance of the canal, stating that Panama and the U.S. would secure it together, excluding China.

“We are helping to reclaim the Panama Canal from communist Chinese influence,” Hegseth declared at a press briefing in Panama City.

The Panamanian government has firmly rejected U.S. President Donald Trump’s claims that China controls the canal. However, current and former U.S. officials and experts express legitimate security concerns about China’s presence in Panama, including potential military espionage through Chinese-owned ports and infrastructure.

During Hegseth’s visit, the U.S. and Panama issued joint statements on enhancing security cooperation. Notably, the Pentagon’s English-language version omitted a sentence from Panama’s Spanish-language version, which affirmed Panama’s sovereignty over the canal. The omitted sentence read: “Secretary Hegseth recognized Panama’s leadership and inalienable sovereignty over the Panama Canal and its adjacent areas.”

Before departing for Washington, Hegseth reiterated respect for Panamanian sovereignty and the canal. He expressed gratitude for Panama’s invitation to U.S. troops for rotational, joint exercises.

Panama’s Minister for Public Security, Frank Abrego, clarified that Panama would not permit permanent military bases. “Secretary Hegseth, in our private meeting, acknowledged Panama’s sovereignty over the Panama Canal,” Abrego told reporters.

The Panama Canal is crucial for U.S. container traffic, with over 40% of U.S. goods, valued at approximately $270 billion annually, passing through it. This accounts for more than two-thirds of daily vessel traffic through the world’s second-busiest interoceanic waterway.

Hegseth’s visit followed reports that the Trump administration had requested military options to ensure access to the canal, which the U.S. built over a century ago and handed over to Panama in 1999. Trump has criticized the handover as a bad deal for the U.S.

While Hegseth focused on collaborating with Panama to counter Chinese influence, Trump has spoken more broadly, not ruling out military force. A U.S. defense official, speaking anonymously, acknowledged Panama’s sensitivities regarding its sovereignty. “Any perceived infringement on their sovereignty, whether by the U.S. or China, is highly problematic,” the official said.

Current and former U.S. officials and experts note that the U.S. has found a willing partner in Panama’s President Jose Raul Mulino, who met with Hegseth on Tuesday. In February, Mulino announced Panama’s exit from China’s Belt and Road Initiative and supported Trump’s migrant crackdown.

Hegseth praised Mulino’s government for understanding the threat from China. “We are deeply grateful for the friendship of our Panamanian counterparts, your partnership, and your leadership here in Panama and across the region,” Hegseth said.

Source: (Reuters)

 

Disclaimer:

Analyst Certification – The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer(s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view(s) expressed by that research analyst in this research report.

Company Disclosure – The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

More Stories from the Market
shutterstock_148562033
June 23, 2026   Everything Fresh Limited (EFRESH) has advised that a Director purchased a total of 11,000 EFRESH shares during the period J…
shutterstock_148562033
June 23, 2026    Productive Business Solutions Limited (PBS) has advised that during the period June 10 to 18, 2026, connected parties sold…
shutterstock_148562033
June 23, 2026   JMMB Group Limited (JMMBGL) has advised that connected parties purchased a total of 89,252 JMMBGL shares during the period …
shutterstock_148562033
June 23, 2026   Supreme Ventures Limited (SVL) has advised that on June 19, 2026, a related entity purchased 391,947 SVL shares.   …
MIL
June 23, 2026 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for June 10, 2026, was J$8.20. MJE’s closin…
MIL
June 23, 2026 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for June 9, 2026, was J$8.22. MJE’s closing…
MIL
June 23, 2026 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for June 8, 2026, was J$8.33. MJE’s closing…
shutterstock_453968572
June 23, 2026   United States: US Trade Chief Greer in India to Resolve Trade Pact Hurdles   US Trade Representative Jamieson Gree…