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1 Texts of Treaties Relating to the Panama Canal 1 (1977)

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TheDepatment


of State


Selected ocuments


            Bureau of Public Affairs
No; 6A      Office of Media Services


         Texts of Treaties

Relating to the Panama Canal


PANAMA CANAL TREATY

  The United States of America and the Re-
public of Panama,

  Acting in the spirit of the Joint Declaration
of April 3, 1964, by the Representatives of the
Governments of the United States of America
and the Republic of Panama, and of the Joint
Statement of Principles of February 7, 1974,
initialed by the Secretary of State of the United
States of America and the Foreign Minister of
the Republic of Panama, and
  Acknowledging  the Republic of Panama's
sovereignty over its territory,
  Have decided to terminate the prior Treaties
pertaining to the Panama Canal and to con-
clude a new Treaty to serve as the basis for a
new  relationship between them and, accord-
ingly, have agreed upon the following:

                ARTICLE I
     ABROGATION OF PRIOR TREATIES AND
  ESTABLISHMENT  OF A NEw  RELATIONSHIP
  1. Upon its entry into force, this Treaty ter-
ininates and supersedes:
    (a) The  Isthnian Canal Convention be-
Lween the United States of America and the
Republic of Panama,  signed at Washington,
November  18, 1903;
    (b) The Treaty of Friendship and Coop-
eration signed at Washington, March 2, 1936,
and the Treaty of Mutual Understanding and
Cooperation and the related Meioranduni of
Understandings Reached, signed at Panama,


January 25, 1955, between the United States of
America and the Republic of Panama;
    (c) All other treaties, conventions, agree-
ments  and exchanges of notes between the
United States of America and the Republic of
Panama  concerning the Panama Canal which
were in force prior to the entry into force of
this Treaty; and
    (d) Provisions concerning the Panama
Canal which appear in other treaties, conven-
tions, agreements and exchanges of notes be-
tween the United States of America and the
Republic of Panama which were in force prior
to the entry into force of this Treaty.
  2. In accordance with the terms  of this
Treaty and related agreements, the Republic of
Panama,  as territorial sovereign, grants to the
United States of America, for the duration of
this Treaty, the rights necessary to regulate the
transit of ships through the Panama Canal, and
to manage, operate, maintain, improve, protect
and defend the Canal. The Republic of Panama
guarantees to the United States of America the
peaceful use of the land and water areas which
it has been granted the rights to use for such
purposes pursuant to this Treaty and related
agreements.
  3. The Republic of Panama shall participate
increasingly in the management and protection
and defense of the Canal, as provided in this
Treaty.
  4. In view of the special relationship estab-
lished by this Treaty, the United States of
America and the Republic of Panama shall co-
operate to assure the uninterrupted and efficient
operation of the Panama Canal.


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