Panama concerned over Venezuelan debt
Panama’s Colon Free Trade Zone, the second-busiest port in the world, is concerned over Venezuela's debt, as well as Colombia’s recent tariff increase.
Venezuelan businesses owe an estimated $700 million to their Panamanian suppliers, and Venezuela accounts for 30 percent of the port's total business.
Combined, Venezuelan and Colombian transactions add up to $5 billion in the last three years, but there are no solutions in sight for both issues.
Source: International Business Times