Publication |
2011.
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Summary/Abstract |
International Affairs: Mr. Ambassador, it is known that the interoceanic Canal has been and remains Panama's greatest national asset. How does this waterway operate today?
Julio Ernesto Córdoba De León: Panama is a small country but has many advantages. First of all, this includes Panama's privileged geographical position and our interoceanic Canal with an average annual traffic of 14,000 vessels. Due to the modern infrastructure built in the country, we account for 5% of world trade. Six ports along the Canal connect the republic with more than 80 countries by 144 maritime trade routes. The Canal handles about 4% of global cargo traffic and 16% of U.S. cargo traffic.
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