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flag Panama seized ports near the canal, prompting CK Hutchison to file a $2 billion arbitration claim.

flag Hong Kong’s CK Hutchison has escalated a $2 billion arbitration claim against Panama over the seizure of its ports near the Panama Canal. flag The company alleges the government’s takeover was unlawful, while Panama denies wrongdoing and claims legal representation was in place. flag The conflict complicates CK Hutchison’s $23 billion sale of its global ports business and highlights broader tensions over the canal, a vital trade route.

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