Panama celebrated a historic milestone on Tuesday, marking 25 years since the Panama Canal was handed over from the United States, symbolizing a significant stride in the nation’s sovereignty and economic development.
The canal, inaugurated by the United States in 1914, remained under U.S. control until December 31, 1999. The Torrijos-Carter Treaties, signed on September 7, 1977, by Panama’s General Omar Torrijos and U.S. President Jimmy Carter, paved the way for the transfer, ending 85 years of foreign administration over the vital waterway.
“These 25 years of Panamanian administration have been dedicated to fulfilling our national commitment to operate the canal safely and continuously for the world,” said Panamanian President Jose Raul Mulino during the commemorative ceremony at the Panama Canal Administration Building. “This canal must continue to be for Panamanians, serving the world but above all for our people.”
The handover ceremony in 1999, held at the same historic building, saw Panama take full control of the interoceanic passage under the leadership of then-President Mireya Mosco. Since then, the canal has undergone significant developments, including an expansion and the construction of the Third Set of Locks, which began operating in 2016, enhancing its capacity to accommodate larger vessels.
Ricaurte Vasquez Morales, the current Panama Canal Administrator, highlighted the achievements of the past quarter-century. “Our management has not only maintained the canal’s operations but also positioned it as a key player in global maritime trade,” he stated.
In a moment of reflection and pride, Miguel Guerra, the first Panamanian hired by the Panama Canal after the 1999 handover, was honored with the Order of Vasco Núñez de Balboa. President Mulino presented the award, recognizing Guerra’s contributions and the symbolic significance of his service.
The Panama Canal continues to be a cornerstone of the nation’s economy and a critical conduit for international maritime traffic, connecting the Atlantic and Pacific Oceans. The 25th anniversary serves as a reminder of Panama’s strides in self-determination and its role on the global stage.
