NeonHorizon

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Panama Responds to U.S. Claims on Panama Canal at Davos

Written by

Oleksandr Kaiukov

in

Introduction

The Panama Canal, a crucial route for global shipping, has recently become a topic of contention between the United States and

Panama. At the World Economic Forum in Davos, Panama’s President Jose Raul Mulino addressed the concerns raised by U.S. President Donald Trump regarding the canal’s sovereignty.

Background on the Panama Canal

The Panama Canal, completed in 1914, is a vital waterway for international maritime trade. The United States played a significant role in its construction and administration until its transfer to Panamanian control in 1999.

Trump’s Statements and Panama’s Response

President Trump’s invocation of the ‘Manifest Destiny’ doctrine and his repeated claims about reclaiming the canal have sparked controversy. President Mulino firmly rejected these statements, emphasizing Panama’s sovereignty over the canal.

Historical Context and Treaties

The transfer of the Panama Canal to Panamanian control was facilitated by a series of treaties, notably the Torrijos-Carter Treaties signed in 1977. These agreements ensured the canal’s return to Panama after a period of joint administration.

Current Administration and Global Impact

  • Panama has successfully managed the canal, benefiting global trade, including U.S. commerce.
  • The canal’s strategic importance makes it a focal point for international maritime discussions.

Conclusion

The Panama Canal remains a symbol of Panamanian sovereignty and a critical asset for global shipping. Despite recent tensions, Panama continues to assert its control over the canal, ensuring its role in international maritime trade.

Sources:

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