Investing.com -- U.S. Defense Secretary Pete Hegseth is set to travel to Panama early next week to take part in a yearly Central American security conference, according to an announcement from the Pentagon on Friday.

The Pentagon’s spokesperson, Sean Parnell, revealed that Hegseth will be involved in bilateral discussions at the event. These meetings are expected to aid in the continuous efforts to bolster the relationships between the U.S., Panama, and other Central American countries. The aim is to work towards a mutual vision for a peaceful and secure Western Hemisphere.

The Panama Canal, recognized as one of the globe’s most strategically crucial waterways, has been a topic of interest for U.S. President Donald Trump. He has repeatedly expressed his desire to "take back" the canal, but has yet to provide specific plans or indicate if military intervention may be necessary.

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