Guan Cha Zhe Wang·2026-02-24 18:57Core Viewpoint - The Hong Kong SAR government has formally protested against the Panama government's forceful takeover of two ports operated by Hutchison Port Holdings, emphasizing the violation of contractual agreements and the protection of Hong Kong enterprises' rights abroad [1][3]. Group 1: Government Response - The Secretary for Commerce and Economic Development of the Hong Kong SAR, Qiu Yinghua, lodged a strong protest with the Panamanian Consul General in Hong Kong regarding the Panama government's actions on February 23 [3]. - The Hong Kong government expressed strong dissatisfaction and opposition to the Panama government's actions, which it views as a breach of contract and detrimental to the rights of Hong Kong businesses [3]. Group 2: Legal and Economic Implications - The Hong Kong government criticized the ruling by the Panamanian Supreme Court, which deemed the operations of the two ports unconstitutional, as being factually unfounded and a betrayal of trust [3]. - The affected companies have initiated arbitration procedures, but the Panama government's takeover is seen as a severe infringement on the legitimate rights of Hong Kong enterprises and a violation of contractual obligations [3]. Group 3: Call for Fair Treatment - The Hong Kong government urged the Panama government to respect contractual agreements and provide a fair and just business environment for legally operating enterprises [3]. - It emphasized that Hong Kong businesses operating and investing in Panama should receive fair and reasonable treatment and protection [3]. Group 4: Investment and Employment Impact - The affected companies have made significant investments in Panama over the years and have created numerous jobs, highlighting the economic contributions of Hong Kong enterprises to the local economy [3]. - The Hong Kong government's statement indicates that the ruling and the Panama government's unreasonable actions could undermine the country's credibility and severely disrupt international trade rules [3].