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The Panama Canal Authority (Spanish: Autoridad del Canal de Panamá, or ACP) is the agency of the government of Panama responsible for the operation and management of the Panama Canal. The ACP took over the administration of the Panama Canal from the Panama Canal Commission (the joint US-Panama agency that managed the Canal) on December 31, 1999, when the canal was handed over from the United States to Panama as the Torrijos-Carter Treaties stated. This page lists presidents of Panama since 1903. ... Martín Erasto Torrijos Espino (born 18 July 1963, in Panama City) is a Panamanian politician and the current President of Panama. ... The National Assembly (Spanish: Asamblea Nacional), formerly the Legislative Assembly, is the legislative branch of the government of the Republic of Panama. ... A political party is a political organization subscribing to a certain ideology or formed around very special issues with the aim to participate in power, usually by participating in elections. ... Elections in Panama gives information on election and election results in Panama. ... The Republic of Panama held a general election on 2 May 1999, electing both a new President of the Republic and a new Legislative Assembly. ... The Republic of Panama held a general election on Sunday, 2 May 2004, electing both a new President of the Republic and a new Legislative Assembly. ... The Panama Canal expansion referendum was held on October 22, 2006, when the citizens of Panama approved the Panama Canal expansion proposal by a wide margin. ... Panama is divided into 9 provinces (in Spanish, provincias) and 3 provincial-level indigenous territories (comarcas indígenas, or simply comarcas). ... Panama is a member of the UN General Assembly and most major UN agencies and has served three terms as a member of the UN Security Council. ... Information on politics by country is available for every country, including both de jure and de facto independent states, inhabited dependent territories, as well as areas of special sovereignty. ... A canal tug, making its way down to the Caribbean end of the canal, waits to be joined by a ship in the uppermost chamber of the Gatun Locks. ... A canal tug, making its way down to the Caribbean end of the canal, waits to be joined by a ship in the uppermost chamber of the Gatun Locks. ... December 31 is the 365th day of the year (366th in leap years) in the Gregorian Calendar. ... 1999 (MCMXCIX) was a common year starting on Friday, and was designated the International Year of Older Persons by the United Nations. ... Map of Panama, with Panama canal The Torrijos-Carter Treaties (sometimes referred to in the singular as the Torrijos-Carter Treaty), are a pair of treaties signed by the United States and Panama in Washington, D. C. on September 7, 1977, abrogating the Hay-Bunau Varilla Treaty signed in 1903. ...

Establishment

The Panama Canal Authority is established under Title XIV of the National Constitution, and has exclusive charge of the operation, administration, management, preservation, maintenance, and modernisation of the Canal. It is responsible for the operation of the canal in a safe, continuous, efficient, and profitable manner.^[1]

The Organic Law of the Panama Canal Authority, passed on June 11, 1997, provides the legal framework for the organization and operation of the canal.^[2] June 11 is the 162nd day of the year in the Gregorian Calendar (163rd in leap years), with 203 days remaining. ... 1997 (MCMXCVII) was a common year starting on Wednesday of the Gregorian calendar. ...

Organization

Because of its unique nature, the ACP has financial autonomy, as well as ownership of the canal's assets. Image File history File links PanamaCanalLogo. ...

The ACP is headed by an administrator and deputy administrator, supervised by a board of directors. The administrator is the legal representative of the authority, and is responsible for the implementation of policies decided upon by the board. The administrator is appointed for a term of seven years; he/she may serve at most two terms. The current administrator is Alberto Alemán Zubieta, who is in his second term.

Administration Building of the Panama Canal.

The board of directors is made up as follows: Image File history File links Download high resolution version (1024x688, 278 KB) Summary copyright: Panama Canal Authority, www. ... Image File history File links Download high resolution version (1024x688, 278 KB) Summary copyright: Panama Canal Authority, www. ...

• Nine members are appointed by the president of Panama; these appointments require the approval of the Cabinet Council and a majority of the legislative branch.

• One director is appointed by the legislative branch, at its sole discretion.

• The chair of the board, who is also the Minister of State for Canal Affairs, is appointed directly by the president; the Minister is also a full member of the Cabinet Council.

The Panama Canal is defined by law to be an inalienable patrimony of the Republic of Panama; it may therefore not be sold, assigned, mortgaged, or otherwise encumbered or transferred.

External links

• Panama Canal Authority, the Panama Canal Authority's official web site
• Administration Building on Google Maps

References