ACP
Also spelled: Autoridad del Canal de Panamá
Definition
Autoridad del Canal de Panamá (Panama Canal Authority). The autonomous authority that has run the Canal since the handover, with its own assets and a labor regime separate from the rest of the state. It contributes to the national treasury each year, and its draft and water decisions affect world trade.
Example
The ACP announced new draft restrictions due to drought.La ACP anunció nuevas restricciones de calado por la sequía.
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