Media playback is unsupported on your device

Panama Canal expansion: Spain steps in to negotiations

4 January 2014 Last updated at 09:26 GMT

The Spanish government is in talks with Panama to try to resolve a row over the expansion of the Panama Canal.

Work which began on the expansion of the shipping hub in 2009, has gone over budget by $1.6bn (£1bn).

The group behind the project, led by Spanish company Sacyr, has threatened to halt work unless the extra money is paid.

Spanish public works minister Ana Pastor and Sacyr's chairman, Manuel Manrique, are flying to Panama to join the negotiations.

Susannah Orchard reports.

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.