September 7, 2011

The Torrijos-Carter Treaty on Panama Canal

Canal de Panama, Canal de Panama

AP Photo

Whereas, pursuant to Article III of the Panama Canal Treaty, signed this date, the Republic of Panama, as territorial sovereign, grants to the United States of America the rights necessary to manage, operate, and maintain the Panama Canal,

The United States of America and the Republic of Panama have agreed upon the following:

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TAGGED: United States, Panama, Panama Canal


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It cost the U.S. $375 million, thousands of lives, a movement for national independence — and a Nicaraguan postage stamp — to take over and finish construction of the Panama Canal, rightly chosen in 1996 by the American... more ››