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| Country | Panama | | | Flag |  | | | Capital | name: Panama geographic coordinates: 8 58 N, 79 32 W time difference: UTC-5 (same time as Washington, DC during Standard Time) | | | Population | 3,360,474 (July 2009 est.) | | | GMT | -5 | | | Location | Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica
see map | | | Area | total: 78,200 sq km land: 75,990 sq km water: 2,210 sq km | | | Ethnic groups | mestizo (mixed Amerindian and white) 70%, Amerindian and mixed (West Indian) 14%, white 10%, Amerindian 6% | | | Religions | Roman Catholic 85%, Protestant 15% | | | Languages | Spanish (official), English 14%; note - many Panamanians bilingual | | | Government type | constitutional democracy | | | National holiday | Independence Day, 3 November (1903) | | | Constitution | 11 October 1972; major reforms adopted 1978, 1983, 1994, and 2004 | | | Legal system | based on civil law system; judicial review of legislative acts in the Supreme Court of Justice; accepts compulsory ICJ jurisdiction with reservations | | | Background | Explored and settled by the Spanish in the 16th century, Panama broke with Spain in 1821 and joined a union of Colombia, Ecuador, and Venezuela - named the Republic of Gran Colombia. When the latter dissolved in 1830, Panama remained part of Colombia. With US backing, Panama seceded from Colombia in 1903 and promptly signed a treaty with the US allowing for the construction of a canal and US sovereignty over a strip of land on either side of the structure (the Panama Canal Zone). The Panama Canal was built by the US Army Corps of Engineers between 1904 and 1914. In 1977, an agreement was signed for the complete transfer of the Canal from the US to Panama by the end of the century. Certain portions of the Zone and increasing responsibility over the Canal were turned over in the subsequent decades. With US help, dictator Manuel NORIEGA was deposed in 1989. The entire Panama Canal, the area supporting the Canal, and remaining US military bases were transferred to Panama by the end of 1999. In October 2006, Panamanians approved an ambitious plan to expand the Canal. The project, which began in 2007 and could double the Canal's capacity, is expected to be completed in 2014-15. | | Internet country code | .pa | |
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