4 ms·

I don't think Panama owns the Panama Canal. I believe it's entirely run and governed by the US.

• justsomehnguy 3y ago
  > The Panama Canal Authority (Spanish: Autoridad del Canal de Panamá (ACP)) is the agency of the government of Panama responsible for the operation and management of the Panama Canal. The ACP took over the administration of the canal from the Panama Canal Commission, the joint US–Panama agency that managed the canal, on December 31, 1999, when the canal was handed over from the United States to Panama as per the Torrijos–Carter Treaties. > The Panama Canal Authority is established under Title XIV of the National Constitution, and has exclusive responsibility for the operation, administration, management, preservation, maintenance, and modernization of the canal. It is responsible for the operation of the canal in a safe, continuous, efficient, and profitable manner.[1] Emphasis mine
• atoav 3y ago
  I am not sure if (or how) the ownership question would change that the country definitely profits from it's canal.
  • atoav 3y ago
    If you disagree, please explain. My understanding was that Panama profits in direkt and indirect ways from the canal, and did so even at a time when the channel wasn't owned by them. If that is wrong, naive or stupid I'd like to know.
• mmaurizi 3y ago
  Your info is about... 20 years out of date?