Panama Canal Risks Up to US$10B in CARICOM Imports

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The Panama Canal restrictions could affect up to US$10 billion in annual CARICOM imports, according to the CARICOM Private Sector Organization (CPSO). The CPSO estimates that between US$8 billion and US$10 billion in imports face higher costs and delays. This equals about one quarter to one third of the region’s non-fuel import bill. The Panama […]