Panama's prez denies making deal that US ships can transit canal for free

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Panama's prez denies making deal that US ships can transit canal for free - Business Standard

Quick Summary:

Mulino said he had told US Secretary of Defence Pete Hegseth on Wednesday that he could neither set the fees to transit the canal nor exempt anyone from them and that he was surprised by the US State Department's statement suggesting otherwise late Wednesday.

Panamanian President Jos Ral Mulino on Thursday denied the US State Department's claim that his country had reached a deal allowing US warships to transit the Panama Canal for free.

On Wednesday evening, the US State Department said via X that US government vessels can now transit the Panama Canal without charge fees, saving the US government millions of dollars a year.