The Panama Agreements: What You Need to Know
The Panama Agreements, also known as the Panama Canal Treaties, were a series of agreements signed between the United States and Panama in 1977. The treaties set out to transfer control of the Panama Canal Zone from the United States to Panama, a process that was completed in 1999.
The agreements were the result of decades of negotiations between the two countries. The United States had controlled the Panama Canal since its completion in 1914, but in the 1960s and 1970s, there was growing pressure from Panama and other countries in the region to transfer control to Panama.
The Panama Agreements consisted of two separate treaties. The first, the Treaty Concerning the Permanent Neutrality and Operation of the Panama Canal, guaranteed that the canal would remain open and available for use by all countries. It also ensured that the canal would be operated in a neutral manner and that Panama would not interfere with its functioning.
The second, the Treaty Concerning the Transfer of Control of the Panama Canal and its Related Facilities, provided for the gradual transfer of control of the canal and its facilities to Panama. Under the terms of the treaty, the United States agreed to transfer control of the canal to Panama on December 31, 1999.
The Panama Agreements were controversial at the time, with some in the United States arguing that the country was giving up control of a strategic asset. However, the agreements were seen as an important step towards greater cooperation between the United States and the countries of Latin America.
From an SEO perspective, the Panama Agreements are not a major topic of search interest. However, for those interested in the history of the Panama Canal and US relations with Central and South America, there is a wealth of information available online. Articles and books on the subject can provide a deeper understanding of the complex issues involved in the negotiations and the impact of the agreements on the region.