Transnational Issues Palau
Disputes - international: maritime delineation negotiations continue with Philippines, Indonesia
This page was last updated on 8 February, 2007
======================================================================
@Panama
Introduction Panama
Background:
Explored and settled by the Spanish in the 16th century, Panama
broke with Spain in 1821 and joined a union of Colombia, Venezuela,
and Ecuador - named the Republic of Gran Colombia. When the latter
dissolved in 1830, Panama remained part of Colombia. With US
backing, Panama seceded from Colombia in 1903 and promptly signed a
treaty with the US allowing for the construction of a canal and US
sovereignty over a strip of land on either side of the structure
(the Panama Canal Zone). The Panama Canal was built by the US Army
Corps of Engineers between 1904 and 1914. In 1977, an agreement was
signed for the complete transfer of the Canal from the US to Panama
by the end of the century. Certain portions of the Zone and
increasing responsibility over the Canal were turned over in the
subsequent decades. With US help, dictator Manuel NORIEGA was
deposed in 1989. The entire Panama Canal, the area supporting the
Canal, and remaining US military bases were transfered to Panama by
the end of 1999. In October 2006, Panamanians approved an ambitious
plan to expand the Canal. The project, which is to begin in 2007 and
could double the Canal's capacity, is expected to be completed in
2014-15.
Geography Panama
Location:
Central America, bordering both the Caribbean Sea and the North
Pacific Ocean, between Colombia and Costa Rica
Geographic coordinates:
9 00 N, 80 00 W