Torrijos - Carter Treaty Signed 35 Years Ago Today
Friday, September 07 2012 @ 04:37 PM UTC
Contributed by: Don Winner
The treaties committing both countries to agree in a friendly and cooperative manner to provide the good administration, operation and proper maintenance of the Panama Canal. The Torrijos - Carter Treaty consists of a preamble, 14 articles, an annex and minutes; and another Treaty Concerning the Permanent Neutrality and Operation of the Panama Canal which guarantees the free movement and its neutrality in perpetuity. Without any doubt, the signing of the Torrijos - Carter treaty was a remarkable achievement for the time, achieving the promise of the full reimbursement of the Canal Zone to the Panamanians.
This treaty contains the DeConcini amendment that allows the United States to retake control of the Canal if they believe the security of the country (the United States) or the hemisphere is threatened, or if it is found that Panama's administration of the canal is deficient. (Dia a Dia)
Editor's Comment: The economic expansion currently being enjoyed in Panama today can be directly attributed to the full implementation of the Torrijos - Carter treaty.