PERSPECTIVES

Kerala is stepping up as a key player in the GCC growth story! Known as God’s Own Country, the state is fast emerging as a prime destination for business and innovation. Exciting times ahead!

Honored to be invited to the Kerala Invest Summit, where HEX joined a high-impact GCC roundtable. HEX’s Sarthak and Akash had insightful discussions with key government and industry leaders on Kerala’s growing role in the GCC ecosystem.

This is HUGE! BlackRock, in partnership with Global Infrastructure Partners (GIP) and Terminal Investment Limited, has agreed to acquire a 90% stake in Panama Ports Company from Hong Kong-based CK Hutchison Holdings Ltd for approximately $22.8 billion. “Transaction is purely commercial, unrelated to recent political news” per Hutchison BUT we all know better : )

HEX Advisory Group’s take on the possible socio-political repercussions of this Panama Canal transaction as follows:

1. This move may bolster U.S.-Panama ties but risks Chinese retaliation, especially in Latin America, where China invests heavily—particularly in Mexico, which Trump has strained over tariffs.
2. Higher port fees or operational changes could spike shipping costs, hitting U.S., EU, Latin American, and Asian markets and relationships already strained by Trump’s tariffs
3. BlackRock’s move backs Trump’s foreign policy but sparks global scrutiny—U.S. private control over a key trade hub sets a risky precedent.
4. Seen as a U.S. takeover, this could ignite leftist movements in Asia and Latin America pushing for state-controlled infrastructure.

This acquisition is a game-changer, reshaping global politics, economics, and diplomacy in a volatile socio-economic global landscape.