CN

Panama Canal strike threat lifts as union, contractor come to terms

Time：2015-08-13 Browse：106 Author：RISINGSUN
THE Panama Canal Authority (ACP) expressed satisfaction after the main contractor for the Third Set of Locks Project, Grupo Unidos por el Canal (GUPC), and the National Union of Workers of Construction and Similar Industries (SUNTRACS) reached an agreement ending a strike threat that had hovered for days.

The agreement supersedes the strike call in the new locks`construction site in both the Atlantic and the Pacific sides of the canal expansion project that is supposed to be finished next year.

The ACP expects this agreement will mark the continuation of a harmonious relationship between both parties, and thus the completion of the work as it is scheduled, which has now reached 93 per cent completion, said the canal authority`s press statement.