Loading...
Market
Panama Canal expansion plans announced by end of 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from the Panama Canal Authority or the Panamanian government
Story
U.S. Relinquished Control of Panama Canal, Completed in 1914, to Panama on December 31, 1999, Under Torrijos-Carter Treaties
Dec 24, 2024, 07:27 PM
The Panama Canal, a crucial waterway for global trade, was constructed by the United States and completed in 1914. Following a treaty negotiated in 1977 by President Jimmy Carter, the U.S. relinquished control of the canal to Panama on December 31, 1999, during President Bill Clinton's administration. The transfer of control was part of the Torrijos-Carter Treaties, which outlined the gradual handover of the canal's rights to Panama, culminating in the full transfer at the end of the millennium. The canal remains a vital conduit for international shipping, facilitating a significant portion of the world's trade.
View original story
Similar markets
Demand return of the canal • 25%
Negotiate lower fees • 25%
Increase tariffs on Panama • 25%
No significant action • 25%
Reclaim control • 25%
Increase military presence • 25%
Impose economic sanctions • 25%
No significant action • 25%
U.S. regains control • 25%
Panama retains control with fee reduction • 25%
Joint control agreement • 25%
Status quo maintained • 25%
U.S. gains control • 25%
China gains control • 25%
Panama retains control • 25%
Other entity gains control • 25%
Yes • 50%
No • 50%
China • 25%
Russia • 25%
Another country • 25%
No new perceived controller • 25%
Improved relations • 25%
Worsened relations • 25%
No change • 25%
Other • 25%
Diplomatic negotiations • 25%
Military presence increase • 25%
Economic sanctions • 25%
No significant action • 25%