Panama Canal Celebrates 25 Years of National Administration

On December 31, 2023, Panama celebrates 25 years of managing the Panama Canal, a significant symbol of its sovereignty and global trade. The ceremony, attended by President José Raúl Mulino and other dignitaries, highlighted the Canal's modernizations and sustainable management since its transfer in 1999. Mulino emphasized Panama's neutral stewardship, fostering global trade and connections. The achievements of the Canal's workforce were recognized, with Miguel Guerra receiving a prestigious award. The event underscored the Canal's national importance and future commitment to efficient and sustainable operations, reflecting Panama’s journey toward sovereignty and international cooperation.

advtanmoy 01/01/2025 3 minutes read

December 31, 1999, Marked the End of an Era and the Beginning of a New Chapter: Panama Canal Celebrates 25 Years of National Administration

Today, Panamanians commemorate a historic milestone—25 years of successfully managing the Panama Canal, a symbol of sovereignty and a pillar of global trade. Since its transfer on December 31, 1999, this interoceanic route has been expanded, modernized, and diversified, showcasing Panama’s ability to operate it profitably while advancing sustainable development for the nation.

The symbolic ceremony, held on the steps of the Administration Building, was graced by President José Raúl Mulino, who reaffirmed the Canal’s importance, stating:

“The Canal continues to be our greatest symbol of sovereignty, and it will remain in our hands forever.”

Highlighting Panama’s neutral stewardship, the president added:

“It is because of our neutral hands that nations trust us with such a strategic asset. Panama is committed to fostering a more connected world, promoting open trade, and enabling greater exchange of goods among countries.”

A Celebration of Achievement and Vision

The ceremony was attended by distinguished leaders, including Minister of Foreign Affairs Javier Martínez-Acha Vásquez, Vice Minister Carlos Ruíz-Hernández, and hundreds of citizens. Together, they celebrated the Canal’s efficient management, honored the generational struggle for sovereignty, and paid tribute to those who sacrificed for the nation’s cause.

Dr. Ricaurte Vásquez Morales, current administrator of the Canal, emphasized the importance of sustainable water management, calling the Rio Indio the most viable solution to water shortages crucial for Canal operations. Minister for Canal Affairs José Ramón Icaza lauded the Canal’s achievements, noting that over 300,000 vessels have transited safely and efficiently under the Panamanian administration.

Recognizing Excellence

The contributions of the Canal’s workforce were highlighted during the event. Miguel Guerra, a dedicated employee for 25 years, was awarded the prestigious Order of Vasco Núñez de Balboa in the rank of Commander, symbolizing the collective effort of more than 8,000 collaborators.

A Legacy of Sovereignty

The ceremony underscored the Panama Canal’s role as a national treasure and a testament to Panamanian diplomacy. The international solidarity garnered during the struggle for sovereignty remains a proud milestone in the country’s history.

With a spirit of unity and responsibility, Panama looks to the future, committed to maintaining the Canal as an efficient and sustainable route that bridges continents and fosters global prosperity.

December 31, 1999

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