Sinolam Commences Arbitration Against Panama

Sinolam International Pte Ltd has initiated ICSID arbitration proceedings against the Republic of Panama. The arbitration stems from the cancellation of a strategic power project. Sinolam is seeking resolution through the international arbitration framework established under the ICSID Convention. This legal action indicates a significant dispute between the company and the Panamanian government concerning the project's termination and potential damages.