VOICED : Reanudan ampliacion del Canal de Panama

The consortium responsible for expanding the Panama Canal will resume work after a two-week halt, following negotiations led by administrator Jorge Quijano. The consortium, led by a Spanish company, will continue while an interim agreement is developed. The dispute began in December over $1.6 billion in cost overruns, delaying the project and impacting Panama's economy. The canal, crucial for global trade, contributes significantly to the country's fiscal revenue.

What event led to the resumption of work on the Panama Canal expansion?

• Discussions between the canal administrator and the consortium

• Resolution of all financial disputes

• Approval from the Panamanian government

• Completion of the expansion

What is the main reason for the financial dispute between the consortium and the canal authority?

• Environmental concerns

• Lack of skilled labor

• Cost overruns of $1.6 billion

• Delays in construction

How much money will the canal authority release to the consortium as a sign of progress?

• $1.6 billion

• $100 million

• $36.8 million

• $50 million

What percentage of global trade passes through the Panama Canal?

• 20%

• 5%

• 15%

• 10%

What is the expected impact of the delay in the canal expansion on Panama's economy?

• No impact at all

• Minimal impact

• Significant impact due to the canal's contribution to fiscal revenue

• Positive impact due to increased tourism