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Panama Canal Ownership and U S Lease Facts
The Panama Canal is owned by the Republic of Panama with the United States as lessee. The U S lease began in 1913 and pays Panama 250 000 dollars annually. Panama gained independence in 1903 and has since guided canal area affairs with American support.
MENTIONED IN THIS ARTICLE
Panama Canal
United States
Republic of Panama
Panama
Colombia
Canal Zone
South America
Peru
Caribbean Sea
Republic