China has condemned U.S. interference in Panama’s decision to exit the Belt and Road Initiative. Panama’s President confirmed the formal withdrawal following talks with U.S. officials, denying that the U.S. sought this action. The BRI has engaged multiple Latin American nations since its inception, while geopolitical tensions continue over Chinese influence in the region.

China has expressed its disapproval of the United States’ alleged “sabotage” of the Belt and Road Initiative following Panama’s recent decision to withdraw from the program. During a press briefing, Foreign Ministry spokesperson Lin Jian articulated Beijing’s regret regarding Panama’s exit and urged the nation to consider the broader implications for bilateral relations and long-term mutual interests, while dismissing external pressures as influential in the decision-making process.

President Jose Raul Mulino of Panama confirmed the submission of their formal exit from the Belt and Road Initiative. This announcement followed discussions with U.S. Secretary of State Marco Rubio, although Mulino emphasized that the United States did not directly influence their departure. With over 20 Latin American nations involved in the initiative, Lin Jian highlighted the benefits that have accrued to these countries.

The Belt and Road Initiative was initiated by China in 2013, with Panama becoming its first Latin American participant in November 2017, shortly after establishing diplomatic relations with China instead of Taiwan. U.S. President Donald Trump has alleged that Panama has conceded control of the Panama Canal to China, a claim both Panama and China have vehemently denied.

The Belt and Road Initiative (BRI), launched by China in 2013, is a global development strategy that involves infrastructure investment and economic collaboration among over 150 countries, including significant participation from Latin America. Panama’s entry into the BRI marked a pivotal shift as it established diplomatic relations with China after previously recognizing Taiwan. This initiative has faced scrutiny and accusations from the United States, particularly concerning the strategic implications of Chinese influence in the region, notably regarding the Panama Canal.

In summary, China’s foreign ministry has criticized the United States for purported external interference leading to Panama’s withdrawal from the Belt and Road Initiative. Despite recent diplomatic engagements with the U.S., Panama asserts its decision was not influenced by external forces. The situation underscores the growing geopolitical tensions between the U.S. and China, particularly in Latin America.

Original Source: www.usnews.com

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