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Panama: Land Sale Law Repealed Following Colon Riots

By Larry Habegger and Laurie Weed | Permalink | No Comments | October 31st, 2012 | Trackback

The National Assembly has repealed the unpopular land-sale law that prompted more than a week of violent protests in Colon and Panama City. The law, which passed Oct. 19, would have allowed the sale of state-owned land in the Colon Free Zone, Latin America’s largest free trade zone. After escalating riots left three people dead, including a 9-year-old boy, the government backed off from its controversial plan and will increase commercial rents instead. Located in Colon City, at the Caribbean end of the Panama Canal, the lucrative free trade zone is also known as a high crime area and was considered unsafe for tourists during the riots.

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