Photos by Joseph H. Krause
Panama Canal Commission, a U.S. Government agency, will operate the Canal during
the 20-year transition period that began with Panama Canal Treaty implementation
on October 1, 1979. The Commission is supervised by a nine-member bi-national
board. For the first 10 years, a U.S. citizen served as Chief
Executive Officer, under the title of Administrator, and a Panamanian was the
Deputy. Effective January 1, 1990, as mandated by the treaty, a Panamanian
serves as Administrator and a U.S. citizen is the Deputy.
The Commission replaced the former Panama Canal Company, which, together with
the Canal Zone and its government, was disestablished on October 1, 1979. On
December 31, 1999, as required by treaty, the United States will transfer the
Canal to Panama.
Commission remains committed to serving world trade with the standards of
excellence that have been the tradition of the waterway throughout its history.
With prudent investment in maintenance, modernization, and training programs,
the Canal will remain a viable, economic transportation artery for world trade
well into the future.
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