The Right Article-Formatnewsletter-Format Article for Newsletter

You Are Here: Home Page » Formatnewsletter » Format Article for Newsletter

Newsletter Article

Here is Panama and Its Foreign Relations For Economic Development and Sustainability formatted for a newsletter with 65 characters per line.

Return to Panama and Its Foreign Relations For Economic Development and Sustainability

Panama and Its Foreign Relations For Economic Development and Sustainability

by Laurie_Cooper

Panama and its foreign relations concern itself with two major
issues for Panama�s development�the Panama Canal and
international trade and shipping. Since Panama is located at the
isthmus of Central America, it has good reason to be involved in
most foreign counterparts. The number one foreign concern of
Panama is focused on the Panama Canal. The history of the Canal,
which the United States had influence over, and its current
function has great impact on Panama�s economic and political
policy. The major concern of Panama is to take over its
sovereignty of the Canal which has various historical treaties.
As Panama wants to gain sovereignty over the Canal, which is the
major source of its trade and economy, it sought support from
other nations to renegotiate treaties. At the same time it
understands its limit against the United States who has influence
over the building of the canal.

Secondary to the concern with the Canal, Panama focused on
foreign policy with regards to international trade, banking, and
shipping. Because most international ships passing through
Central America cross over the Panama Canal, Panama gains
economic advantages over this activity. Banking and commerce are
also one of the major economic activities of Panama and its
foreign relations. Because of the influence of foreign relations
to its economic activities, Panama�s policy has concerns on these
economic influences.

Aside from the concerns on the Panama Canal and the
international economic influence, Panama and its foreign
relations is so much involved in foreign memberships by its
participation in foreign organizations that greatly contribute
its economic development and sustainability. Since January 1,
2007, Panama served in the UN Security Council of the UN General
Assembly as one who has been elected on the seat. It is also an
active member of the international financial institution such as
Inter- America Development Bank, World Bank and International
Monetary Bank. Moreover, it is also a member of the
Inter-American Tropical Tuna Commission. Aside from the tuna
industry, Panama and its foreign relations has something to do
with organizations for exporting. Panama is also involved in the
Union of Banana Exporting Countries in which it is one of the
founding members.

Panama and its foreign relations have contributed to its
development not only in the development of certain industries but
also in general development of the country as part of America. It
is a member of the Central American Parliament or popularly known
as PARLACEN, and the Central America Integrations System or SICA.
To further promote economic development of the country, Panama
and its foreign relations in America established the Alliance for
Sustainable Development together with other six of its neighbors
in Central America. The objective of Panama and its foreign
relations and this alliance known as Conjunta Centroamerica�USA
(CONCAUSA) is for purposes of providing domestic and foreign
policies that support promotion on sustainable development for
economy of the participating countries. Finally, Panama and its
foreign relations are also involved in the International Criminal
Court in which Panama is a member as well. The said foreign
organization is a Bilateral Immunity Agreement of its members for
the protection of the US military.

Laurie Cooper, of Cpanama Real Estate Corp., is an expert on <a
href="http://www.cpanama.com/">Panama real estate</a>. For more
information, please visit <a href="http://www.cpanama.com/">
http://www.cpanama.com</a>.

Syndicated by The Right Article - www.therightarticle.com