Panama did not cede sovereignty to the US, foreign minister tells Euronews

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Panama did not cede sovereignty to the US, foreign minister tells Euronews  In an interview with Euronews, Panama's Foreign Minister Javier Martínez-Acha said that the US military exercises taking place in the South American country are temporary and that no foreign armed forces will remain there permanently.   READ MORE : http://www.euronews.com/2025/07/15/panama-did-not-cede-sovereignty-to-the-us-foreign-minister-tells-euronews  Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

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00:00In an interview with Euronews, Panama's foreign minister, Javier Martinez Acha, has defended

00:08its security agreement with the United States, insisting that it has not given up any national

00:14sovereignty.

00:16This statement comes in response to past threats by U.S. President Donald Trump, who

00:21suggests that the U.S. might retake control of the Panama Canal.

00:51In the wake of those threats, Panama and the United States signed a memorandum of understanding,

01:06which has since allowed the U.S. to conduct a series of military exercises in the region.

01:11One of the most contentious issues in recent years has been Panama's inclusion on the EU

01:16list of non-cooperative jurisdictions in tax matters.

01:20The foreign minister firmly denies that Panama is a tax haven.

01:23We are a country responsible, we are a country committed to transparency and fiscal cooperation.

01:31We still have some work to do, we will do it, and we are considering reforming in the way

01:40the cooperation is transmitted in fiscal matters, because we cooperate, there are technical observations

01:45that we have to improve, and the other is about foreign income, which for us is 60, but

01:51we have to do some reforms from the fiscal point of view.

01:55For Europe, Panama is not only strategically important from an economic standpoint, but also

02:00it plays a crucial role in preventing the circumvention of sanctions by countries such as Russia.

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