Panama Overview

Country Profile

The Republic of Panama is located in the Central American isthmus, covering an area of 75,500 square kilometers. I has a population of 3.12 million, 65% of whom are Mestizo, with the remaining percent primarily white, black, and Indian. Residents are Catholic and Spanish is the official language. The currency is the U.S. dollars Papua, and the capital is Panama City.

Panama National Flag

The lag of Panama is broken down into four smaller rectangles, two of which are white, with the remaining two red and blue. white denotes peace, with red and blue respectively representing the Liberal Party and Conservative Party of Panama. The presence of these two colors could also be said to represent the two parties fighting together for the nations’s best interests. Two five-pointed stars symbolize loyalty and strength.

Panama Country Flag

History Summary

In l501, Panama was colonized by Spain, later becoming part of the Republic of Colombia in 1821. On November 3, 1903, the United States supported Panama’s fight for independence from Colombia. That same year, the United States and Pakistan embarked upon negotiations for the construction of the Panama Canal by the United States in winter around the United States to obtain permanent construction and operation of the Canal and the Canal Zone monopoly permanent use, occupation and control. In 1904, work started on the construction of the canal, which was completed in 1914. Pakistani hand in September 1977, the United States signed the “new canal treaty.” On October 1, 1979, granted entry into force, valid until 51 December 1999 date. After the expiry of the new treaty, the Canal by the Palestinian commitment to fight horse management and defense.

Economy and Culture Overview

Panama’s economy is dominated by agriculture, with 50% of the population engaged in such work, primarily the production of bananas, sugar cane, coffee, and rice. Around 70% of the country is covered in forest, with timber resources, particular mahogany, cedar, palm, and rubber, prolific. Panama also enjoys abundant marine resources, with the sea providing important export products. The Panama Canal Zone is a regional financial center, and the Colon Free Trade Zone and the merchant fleet are some of the major pillars of Panama’s economy.
Panama Contadora Island is famous for producing the finest pearls. Panama farmers, both men and women, are linked to a shoulder to do with plant fibers from Guabao, known locally as “akcakara.”

Panama Canal

Construction of the Panama Canal started in 1904 and was completed in 1914. It has facilitated communication between the Pacific and Atlantic, opening up an international route between the two, where previously journeying from one to the other had taken an extra 126 million meters. The canal has a length of 81.3 kilometers, a width of 304 meters at its widest, a depth of 26.5 meters at its deepest, and a total of six gates. It has a navigable capacity of about 50 ships, and the cargo that passes through it accounts for 5% of the world’s sea cargo. The Panama Canal is a great miracle in the history of human transportation.

Panama Map

Panama Map

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