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Hong Kong summons Panama envoy over CK Hutchison ports ruling
Hong Kong demands respect for CK Hutchison's port contract after Panama Supreme Court annulment, citing damage to business environment and international trade rules.
Hong Kong's commerce minister expressed strong dissatisfaction to Panama's envoy over a court ruling annulling CK Hutchison Holdings' right to operate two ports.
The minister said the company made massive investments and created jobs in Panama over many years, criticizing the decision as undermining international trade rules.
He urged Panama to respect contracts, provide a fair business environment, and ensure companies' legal rights are not interfered with.