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Panama Canal chief reports progress in dispute

Wednesday, February 12, 2014

Panama Canal Administrator Jorge Quijano said the agency has reached tentative agreement with contractors on some of the issues that have stalled work on the expansion of the waterway.

But Quijano also told a meeting of Panama’s Chamber of Commerce and Industry that the Panama Canal Authority might take over the project if no final agreement is reached this week.

The canal chief said he spoke by telephone Tuesday with executives from Grupos Unidos por el Canal, and "reached agreements on principle on several of the topics".

Source: Washington Post