Explored and settled by the Spanish in the 16th century, Panama broke with Spain in 1821 and joined a union of Colombia, Ecuador, and Venezuela - named the Republic of Gran Colombia. When the latter dissolved in 1830, Panama remained part of Colombia. With US backing, Panama seceded from Colombia in 1903 and promptly signed a treaty with the US allowing for the construction of a canal and US sovereignty over a strip of land on either side of the structure (the Panama Canal Zone). The Panama Canal was built by the US Army Corps of Engineers between 1904 and 1914. In 1977, an agreement was signed for the complete transfer of the Canal from the US to Panama by the end of the century. Certain portions of the Zone and increasing responsibility over the Canal were turned over in the subsequent decades. With US help, dictator Manuel NORIEGA was deposed in 1989. The entire Panama Canal, the area supporting the Canal, and remaining US military bases were transferred to Panama by the end of 1999. In October 2006, Panamanians approved an ambitious plan (estimated to cost $5.3 billion) to expand the Canal. The project, which began in 2007 and could double the Canal's capacity, is expected to be completed in 2014-15.
		
			
					Country Name
					    Conventional long form: Republic of Panama
						 Conventional short form:Panama
						 Local long form:Republica de Panama
						 Local short form:Panama
						 
					Government Type
   					    constitutional democracy
					Capital
					    Name: Panama City
						 Geographic coordinates:8 58 N, 79 32 W
						 Time difference:UTC-5 (same time as Washington, DC during Standard Time)
					Administrative divisions
					    11 provinces (provincias, singular - provincia) and 1 territory* (comarca); Bocas del Toro, Comarca Kuna Yala, Comarca Ngobe-Bugle, Chiriqui, Cocle, Colon, Darien, Herrera, Los Santos, Panama, San Blas* (Kuna Yala), and Veraguas
					Independence
					    3 November 1903 (from Colombia; became independent from Spain 28 November 1821)
					National Holiday
					    Independence Day, 3 November (1903)
					Constitution
					    11 October 1972; revised in 1978, 1983, 1994, and 2004
					Legal system
					    based on civil law system; judicial review of legislative acts in the Supreme Court of Justice; accepts compulsory ICJ jurisdiction with reservations
					Suffrage
					    18 years of age; universal and compulsory
					Executive branch
  					    Chief of state:President Ricardo MARTINELLI Berrocal (since 1 July 2009); Vice President Juan Carlos VARELA (since 1 July 2009); note - the president is both the chief of state and head of government
						 Head of government:President Ricardo MARTINELLI Berrocal (since 1 July 2009); Vice President Juan Carlos VARELA (since 1 July 2009)
						 Cabinet:Cabinet appointed by the president
							(For more information visit the World Leaders website)
						 Elections:president and vice president elected on the same ticket by popular vote for five-year terms (not eligible for immediate reelection; president and vice president must sit out two additional terms (10 years) before becoming eligible for reelection); election last held on 3 May 2009 (next to be held in 2014)
						 Election results:Ricardo MARTINELLI Berrocal elected president; percent of vote - Ricardo MARTINELLI Berrocal 60%, Balbina HERRERA 38%, Guillermo ENDARA Galimany 2%
                                     note: government coalition - CD (Democratic Change), Panamenista, MOLIRENA (Nationalist Republican Liberal Movement), and UP (Patriotic Union Party)
					Legislative branch
					    unicameral National Assembly or Asamblea Nacional (71 seats; members elected by popular vote to serve five-year terms)
						 
						 Elections:last held on 3 May 2009 (next to be held in May 2014)
						 Election results:percent of vote by party - NA; seats by party - PRD 26, Panamenista 22, CD 14, UP 4, Independent 2, MOLIRENA 2, PP 1
						 note: legislators from outlying rural districts chosen on a plurality basis while districts located in more populous towns and cities elect multiple legislators by means of a proportion-based formula
					Judicial branch
					    Supreme Court of Justice or Corte Suprema de Justicia (nine judges appointed for 10-year terms); five superior courts; three courts of appeal
					Political Parties and Leaders
					    Democratic Change or CD [Ricardo MARTINELLI]; Democratic Revolutionary Party or PRD [Francisco SANCHEZ Cardenas]; Nationalist Republican Liberal Movement or MOLIRENA [Sergio GONZALEZ-Ruiz]; Panamenista Party [Juan Carlos VARELA Rodriguez] (formerly the Arnulfista Party); Patriotic Union Party or UP (combination of the Liberal National Party or PLN and the Solidarity Party or PS)[Guillermo "Billy" FORD and Anibal GALINDO]; Popular Party or PP [Rene ORILLAC] (formerly Christian Democratic Party or PDC)
					Political pressure groups and leaders
					    Chamber of Commerce; National Civic Crusade; National Council of Organized Workers or CONATO; National Council of Private Enterprise or CONEP; National Union of Construction and Similar Workers (SUNTRACS); Panamanian Association of Business Executives or APEDE; Panamanian Industrialists Society or SIP; Workers Confederation of the Republic of Panama or CTRP
 					International organization participation
					    BCIE, CACM, CAN (observer), CSN (observer), FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAES, LAIA (observer), MIGA, NAM, OAS, OPANAL, OPCW, PCA, RG, SICA, UN, UNASUR (observer), UNCTAD, UNESCO, UNIDO, Union Latina, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO
					Diplomatic representation in the US
					    Chief of mission:Ambassador Jaime Eduardo ALEMAN Healy
						 Chancery:2862 McGill Terrace NW, Washington, DC 20008
						 Telephone: [1] (202) 483-1407
						 FAX:[1] (202) 483-8416
						 Consulate(s) general: Atlanta, Houston, Miami, New Orleans, New York, Philadelphia, San Diego, San Francisco, Tampa
					Diplomatic representation from the US
					    Chief of mission:Ambassador Barbara J. STEPHENSON
						 Embassy:Edificio 783, Avenida Demetrio Basilio Lakas Panama, Apartado Postal 0816-02561, Zona 5, Panama City
						 Mailing address:American Embassy Panama, Unit 0945, APO AA 34002
						 Telephone:[507] 207-7000
						 FAX:[507] 317-5568
					Flag description
					    divided into four, equal rectangles; the top quadrants are white (hoist side) with a blue five-pointed star in the center and plain red; the bottom quadrants are plain blue (hoist side) and white with a red five-pointed star in the center