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Billions at stake in Panama Canal arbitration

Tuesday, December 8, 2015

While the completion date  of the construction of the third set of locks for the Panama  Canal  still hangs in the air,  the  battle over claims by the consortium  in charge of the construction, continues with billions of dollars at stake.

Grupo Unidos por el Canal said this week  that a Miami-based arbitration tribunal has agreed to postpone the hearing of its claims with the Panama Canal Authority.

Source: Newsroom Panama