Panama on Tuesday celebrated the 25th anniversary of the historic handover of the Panama Canal from the United States, marking a significant milestone in the nation’s sovereignty and control over one of the world’s most crucial maritime passages.
The Panama Canal, inaugurated by the United States in 1914, was under U.S. control for 85 years until December 31, 1999. The transition was formalized through the Torrijos-Carter Treaties, signed on September 7, 1977, by Panama’s General Omar Torrijos and then U.S. President Jimmy Carter, effectively ending the colonial enclave known as the Panama Canal Zone.
“These 25 years of Panamanian administration have worked on a common goal: to fulfill the national commitment to a safe and continuous operation for the world,” said Panamanian President José Raúl Mulino during a commemorative ceremony at the Panama Canal Administration Building. “This canal has to be and has to continue to be the canal of our Panamanians, for Panamanians, at the world’s service but above all for Panamanians mainly.”
The handover ceremony in 1999 took place at the same building, where the interoceanic waterway was officially transferred to the Panamanian government led by then President Mireya Mosco.
Over the past quarter-century, the Panama Canal has seen significant advancements under Panamanian management. Panama Canal Administrator Ricaurte Vásquez Morales highlighted achievements such as the canal’s expansion and the construction of the Third Set of Locks, which began operating in 2016. These developments have enhanced the canal’s capacity and reinforced its position as a pivotal conduit for global maritime trade.
During the celebration, Miguel Guerra, the first Panamanian hired by the Panama Canal following its handover in 1999, was honored with Panama’s Order of Vasco Núñez de Balboa by President Mulino. The award recognizes individuals who have contributed significantly to the country.
The Panama Canal’s successful management has not only bolstered Panama’s economy but also solidified its role in facilitating international trade. As the nation reflects on 25 years of stewardship, it looks ahead to continuing its legacy of connecting the world’s oceans and fostering global commerce.
Reference(s):
cgtn.com
