Panama City, Panama — With pride and reflection, Panama celebrated the 25th anniversary of the historic handover of the Panama Canal from the United States on Tuesday. The milestone marks a quarter-century since the nation regained control over the vital waterway that has been central to global trade and Panama’s identity.
Originally opened in 1914, the Panama Canal was operated by the United States for 85 years. The Torrijos-Carter Treaties, signed in 1977 by General Omar Torrijos of Panama and U.S. President Jimmy Carter, paved the way for the canal’s transfer, which was finalized on December 31, 1999.
“These 25 years of Panamanian administration have demonstrated our commitment to ensuring the canal’s safe and continuous operation for the world,” said President Laurentino Cortizo during a commemorative ceremony. “This canal is a symbol of our sovereignty and a testament to what we can achieve as a nation.”
Since taking over, Panama has undertaken significant projects to enhance the canal’s capacity, including the expansion and the construction of the Third Set of Locks, which began operating in 2016. These developments have allowed larger ships to pass through, boosting not only Panama’s economy but also facilitating international maritime trade.
Ricaurte Vásquez Morales, the Panama Canal Administrator, highlighted the dedication and hard work of the canal’s workforce. “Our achievements over the past 25 years are the result of the unwavering efforts of Panamanians who have managed and operated this vital asset with excellence,” he said.
In a heartfelt moment, Miguel Guerra, the first Panamanian hired after the handover in 1999, was honored with the prestigious Order of Vasco Núñez de Balboa. Guerra’s journey symbolizes the opportunities and progress the canal has brought to the people of Panama.
The anniversary not only celebrates the past but also looks to the future. “We are committed to innovating and overcoming challenges, ensuring that the Panama Canal continues to serve the world while benefiting our people,” President Cortizo added.
The festivities included cultural performances, exhibitions, and educational programs aimed at inspiring the next generation of Panamanians to carry forward the legacy of the canal.
The Panama Canal remains a pivotal maritime route, connecting the Atlantic and Pacific Oceans, and its successful management by Panama serves as an inspiring example of national achievement for countries across the Global South.
Reference(s):
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