Panama hit with second treaty claim over canal project
Aerial view of the Third Set of Locks, which were completed in 2016. (Credit: Salini Impregilo)
An Italian construction group has made good on a threatened US$2.2 billion ICSID claim against Panama over its work expanding the Panama Canal – the second treaty claim filed over the project which has also given rise to ICC cases worth around US$6 billion.
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