Panama, beyond its canal
Renowned for its canal, the Republic of Panama is located on thesoutheastern end of the isthmus forming a land bridge between North andSouth America. Covering an area of 75,990 square kilometers, it is mostly mountainous with a tropical climate . For the uninitiated, Panama is muchmore than its Canal, shipping and banking. It is a gateway to theCaribbean.The capital, Panama City is majestically located on the Pacific Ocean and a short flight to the high altitude province of Chiriqui and Baru Volcano.
From 1538-1821 it was part of the Spanish empire and its fortunes have forcenturies fluctuated with the geopolitical importance of the Isthmus.
The ancient city of Panama, Casco Antiguo, was recognized by UNESCO in 1997as a World Heritage Site. Narrow lanes, colonial churches, museums, and agolden altar saved from pirates more than 300 years ago, are some of the city's sites. The major, or largest cities apart from Panama City, areColon and David.
The ancient city of Panama, Casco Antiguo, was recognized by UNESCO in 1997as a World Heritage Site. Narrow lanes, colonial churches, museums, and agolden altar saved from pirates more than 300 years ago, are some of the city's sites. The major, or largest cities apart from Panama City, areColon and David.
The Republic of Panama is a constitutional democracy with nineadministrative provinces and one territory. While it became independentfrom Spain in 1821, it wasn't until 1903 that Panama received independence from Colombia.
The chief of state is President Martin Torrijos Espino, who was electedinto office in September 2004. The President of Panama is both the chief ofstate and head of government, and it is the president who appoints the government's Cabinet. The next Presidential Election will be in May 2009.
The majority of the 3.4 million people of Panama are Mestizo. The third ofthe population are of West Indian, Caucasian and Amerindian decent.While the official language is Spanish, many Panamanians are bilingual with Spanish and English.
Due to its location, Panamanians and visitors all enjoy the Caribbeanbeaches and relaxed lifestyle. Local gastronomy, traditions and folklore,of which dance has become a symbol of the diverse cultures, is best experienced through the country's many festivals. Most Panamanians areRoman Catholic.
Free Trade Agreements with countries such as Singapore – the PSFTA wassigned in March 2006 – have increased the amount of foreign investment in the country, and continue to provide further growth in the service sector.
Panama is Singapore's largest trading partner in Central and South America.
Panama is Singapore's largest trading partner in Central and South America.
Source: International Enterprise (IE) Singapore
posted by Latino Connections @ 8:23 AM
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