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The U.S. government hands control of the Panama Canal (as well all the adjacent land to the canal known as the Panama Canal Zone) to Panama. This act complied with the signing of the 1977 Torrijos–Carter Treaties.
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Panama Canal
Shipping route across Central America
The Panama Canal is an artificial 82-kilometer (51-mile) waterway in Panama that connects the Caribbean Sea with the Pacific Ocean. It cuts across the narrowest point of the Isthmus of Panama, and is a conduit for maritime trade between the Atlantic and Pacific Oceans. Locks at…Source: Wikipedia (CC BY-SA)
Panama Canal Zone
American concession in Panama between 1903 and 1979
The Panama Canal Zone, also known as just the Canal Zone, was a concession of the United States located in the Isthmus of Panama that existed from 1903 to 1979. It consisted of the Panama Canal and an area generally extending five miles (8 km) on each side of the centerline, but…Source: Wikipedia (CC BY-SA)
Panama
Country spanning North and South America
Panama, officially the Republic of Panama, is a country located at the southern end of Central America, bordering South America. It is bordered by Costa Rica to the west, Colombia to the southeast, the Caribbean Sea to the north, and the Pacific Ocean to the south. Its capital…Source: Wikipedia (CC BY-SA)
Torrijos–Carter Treaties
1977 treaties transferring the Panama Canal from the U.S. to Panama after 1999
The Torrijos–Carter Treaties are two treaties signed by the United States and Panama in Washington, D.C., on September 7, 1977, which superseded the Hay–Bunau-Varilla Treaty of 1903. The treaties guaranteed that Panama would gain control of the Panama Canal after 1999, ending…Source: Wikipedia (CC BY-SA)