

The handover of the Panama Canal
Dec 12, 2024
Alberto Aleman Zubieta, the former Administrator of the Panama Canal, takes listeners back to the historic handover from the U.S. to Panama in 1999. He vividly recounts the emotional atmosphere of the ceremony, showcasing the pride and hopes of a nation gaining sovereignty. Zubieta discusses the pivotal role of the canal in global shipping and reflects on the complexities surrounding the transfer amid Y2K fears. This moment symbolized not only a shift in control but also a friendship between the two nations.
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US Control and Panamanian Protests
- The US held control of the Panama Canal Zone after its completion in 1914 due to a prior treaty.
- Years of Panamanian protests led to new treaties in 1977, granting Panama full control.
Y2K Concerns and Handover Ceremony
- Concerns arose regarding the Y2K bug and its potential impact on the handover.
- Despite these concerns, the handover ceremony was planned for December 15, 1999, at the Miraflores Locks.
Clinton's Absence and Moscoso's Speech
- While Jimmy Carter attended the ceremony, the absence of US President Bill Clinton raised questions.
- Panamanian President Mireya Moscoso delivered a unifying speech emphasizing diplomatic solutions over conflict.