The Panama Canal expansion will shape the trade between the Atlantic and Pacific basins after 2015, shortening the distance between the Atlantic countries and the Asia Pacific region. The Panama Canal will benefit users depending on the position of the ports in relation to the canal. Perhaps contrary to the expected outcome, our analysis indicates that Colombia will not be the primary beneficiary of the expansion project, despite being the closest coal supply country to the Panama Canal.
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Insight | Dec 2013
Panama Canal expansion: who benefits most?
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