In a defiant stance against the U.S. government, Panama's President José Raúl Mulino unequivocally rejected any discussions regarding the ownership of the Panama Canal, emphasizing its national importance and reiterating that "the canal belongs to Panama." His statements came ahead of a scheduled visit by U.S. Secretary of State Marco Rubio, who has been vocal about his concerns regarding China's presence in Panama and its potential to influence the strategic waterway.

Mulino's remarks were a direct response to claims made by U.S. President Donald Trump during his inauguration, wherein he suggested that the canal was effectively under Chinese control, stating, “We gave it to Panama, and we’re taking it back.” These assertions were met with strong denials by Mulino, who clarified that while a Hong Kong consortium operates port facilities at both ends of the canal, the governance and administration of the canal are fully under Panamanian control. “I cannot negotiate and much less open a process of negotiation on the canal,” he insisted, underscoring that the matter is “sealed,” according to AP News.

Rubio's upcoming diplomatic visit marks a significant point of tension, as he aims to confront perceived U.S. threats in the region, particularly from China. In past comments, he stated, “If the government in China in a conflict tells them to shut down the Panama Canal, they will have to,” highlighting concerns that U.S. interests could be compromised in times of geopolitical conflict. According to Rubio, the negotiations will also focus on resolving issues related to drug trafficking and migration, alongside discussions about the influence of Chinese contractors in sensitive infrastructure sectors, as reported by VOA News.

Amid these international dynamics, Treasury Secretary Rubio noted the significant investment China has made in Panama, estimating it to be around $160 billion over the past 15 years, raising alarms about potential security risks associated with such economic entanglements. Experts warn that the growing Chinese footprint could align with broader geopolitical ambitions, despite the state's assurance of independence through the Panama Canal Authority.

The Panama Canal has long been a cornerstone of global shipping, and following its transfer from U.S. control in 1999, it remains central to both Panamanian identity and economic strategy. Mulino urged that the focus during Rubio's visit should pivot to enhancing bilateral cooperation on mutual issues rather than rekindling contentious negotiations over the canal's ownership. “We hope to clean the table and speak frankly about matters that can help both countries,” he stated, reflecting a desire for constructive dialogue amid rising tensions with Washington. For more details on the situation, visit Al Jazeera.