Panamanian workers of US-based Chiquita Brands reached an agreement to conclude protests and roadblocks after negotiations in a pension dispute leading to mass layoffs.
The strike initiated on April 28 by Chiquita employees in Bocas del Toro over pension reforms led to the company's announcement of over 6,500 layoffs. Unions consented to end disruptions, restoring "free movement" along the Costa Rican border, as confirmed by National Assembly President Dana Castaneda. Negotiations involved legislative leaders promising support for a bill to restore the pension benefits for workers, backed by President Jose Raul Mulino.
Mulino's administration has encountered ongoing demonstrations concerning pension reforms alongside related issues. Negotiation sources disclosed that unions sought agreements with Chiquita and the Panamanian government to reinstate jobs. Part of the accord involves Castaneda initiating dialogue with Chiquita to determine current and future company plans regarding its workforce.
Labor dynamics revealed by Labor Minister Jackeline Munoz indicate the absence of workers on Chiquita's Panamanian payrolls. Union representative Francisco Smith assured the removal of roadblocks in Changuinola to maintain "peace," aligning with the town's economic reliance on banana production.
The economic impact of the protests was substantial, with Chiquita citing losses exceeding $75 million. Bananas represent over 17% of Panama's exports as of 2025's first quarter.
Source: Bilyonaryo