VOICED : Reanudan ampliacion del Canal de Panama

The consortium responsible for expanding the Panama Canal will resume work after a two-week halt. This decision follows negotiations led by Jorge Quijano, the canal's administrator. The consortium, led by a Spanish company, will continue work while an interim agreement is developed. As a sign of progress, $36.8 million will be sent to the group once work resumes. The dispute began in December over $1.6 billion in cost overruns, 50% more than the original contract for constructing a third set of locks. This delay has postponed the project's completion, impacting Panama's economy, as the canal accounts for 10% of the country's fiscal revenue and handles 5% of global trade.

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