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Panama Canal to extend talks with contractors

Monday, February 3, 2014

The Panama Canal Authority, ACP, said that talks aimed at resolving a dispute with the contractors building a third set of locks for the waterway will continue through February 4.

Though the parties set a deadline of February 1 to reach agreement, they have now decided to continue negotiations through the weekend, the ACP said in a statement.

Zurich Insurance Group, the guarantor of the expansion project, joined the process last week and will be part of the extended dialogue, the ACP said.

Source: Fox News Latino