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The Colón Free Trade Zone is a free port in Panama dedicated to re-exporting a wide variety of merchandise to Latin America and the Caribbean. It is located on the Caribbean coast, near the Atlantic entrance to the Panama Canal , in the province of Colón, within the city of Colón though outside its municipal jurisdiction and operates as an ...
The Bridge of the Americas crosses the Pacific approach to the Panama Canal at Balboa, near Panama City. It was built between 1959 and 1962 by the United States at a cost of US$ 20 million. From its completion in 1962 until the opening of the parallel Centennial Bridge in 2004, the Bridge of the Americas was a key part of the Pan-American Highway .
Since 2000 the canal has been operated by the Panama Canal Authority, whose administrator, deputy administrator and 11-member board are selected by Panama’s government but operate independently.
The Bridge of the Americas, which opened in 1962, was the only major road crossing of the Panama Canal. The traffic over this bridge was originally around 9,500 vehicles per day; however, this expanded over time, and by 2004 the bridge was carrying 35,000 vehicles per day.
Panama has denied the U.S. State Department's claim that the country will eliminate fees for U.S. government vessels transiting the Panama Canal, just one day after the State Department initially ...
The Panama Canal Authority said in a statement late on Wednesday that it had not made any changes to charges or rights to cross the canal, after the U.S. State Department said that U.S. government ...
The Panama Canal (Spanish: Canal de Panamá) is an artificial 82-kilometer (51-mile) waterway in Panama that connects the Caribbean Sea with the Pacific Ocean. It cuts across the narrowest point of the Isthmus of Panama , and is a conduit for maritime trade between the Atlantic and Pacific Oceans.
During the 20th century, U.S.-Panama tensions worsened and there were growing protests against U.S. control of the canal, notably after the Suez Canal crisis in 1956, when British and French plans ...
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