Who owns the Panama Canal today?
WHEN FORMER PRESIDENT JIMMY CARTER shakes hands with members of the Panama Canal Authority on December 14, 1999, it will mark the ceremonial end to a transition that’s been 20 years in the making. The official end will come at noon on Dec. 31, when the U.S. honors a 22-year-old treaty and hands the Panama Canal—and the responsibilities that come with it— to the Republic of Panama.
