Panama Canal Transferred: US Gives It Back After 85 Years
The United States handed over the Panama Canal to Panama on December 31, 1999, ending decades of tension after student riots in 1964 sparked a long negotiation process. This transfer granted Panama full operational control and established the Panama Canal Authority as the new manager, securing a vital revenue stream for the nation while guaranteeing the waterway's permanent neutrality.
December 31, 1999
27 years ago
Key Figures & Places
What Else Happened on December 31
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