Lets start with the very recent event, which has been headline for many newspapers, which is broken relationship between panama and Venezuela. The Free Zone keeps a clear operation to run out the business. In 1934, the Coalesced States engendered the free trade zone in Colon. Dr. Thomas E. Lyons wanted to expedite and embolden foreign commerce and establishing a free zone was the solution. A free trade zone is an area that eliminates the traditional trade barriers, such as tariffs, and minimizes the regulations cognate to administrative procedures. Tariff and tax mitigation is designed to lower the costs of operations engaged in international trade and thereby eng...
... middle of paper ...
...he unprotected coastline on its oceans. These things have made Panama an impeccable place for illicit drug trafficking since it offers many possibilities for traffickers to convey substances. While drug trafficking is a sizably voluminous quandary for the country and especially for the regime for the poor people these illicit business designates opportunities. In nor east part of Panama subsist a comarc called Gunayala. The Guna people do not cultivate or process drugs but they utilize their islands and territories as an opportunity. Those lands they benefit from they have utilized it for a place to obnubilate, and evade the Panamanian police. This nor east area of Panama has become a region for drug trafficking obnubilating from the ocular perceivers of the ascendant entities. Around 20 years ago, this zone became a component of the Central American drug circuit.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- ... Over the past year, the economy of Panama grew 10%, putting Panama as one of the fastest growing economies in the Latin American as well as in the world. I believe the reason for such significant economic growth in both countries is mainly due to import/export of goods through the waterways located by each country. United Arab Emirates had imports totaling 273.5 billion dollars and exports totaling 314 billion in 2012. Panama’s imported goods totaled 26.61 billion dollars and exported goods totaled 18.87 billion dollars in 2012.... [tags: economic growth and problems]
1353 words (3.9 pages)
- Bridging two continents and two oceans, the international crossroads that is Panama has created a massive cultural diversity that has continued to grow for over 500 years. To understand Panamanian culture one has to explore not only its people but also its significant location, and the importance of its canal in fostering business and trade with the countries of the world. The United States has also had a close, stake in the success of Panama for over a century. This partnership continues today and Panama plays a vital part in the success of U.S.... [tags: Panama Essays]
2662 words (7.6 pages)
- The banking system in Panama makes use of the advanced modern technologies. In Panama City, there are approximately 100 internationally renowned banks. The presence of strict regulations regarding the banking sector by the government has seen the banking sector grow tremendously (Arboleda & Martín 152). For instance, the Panamanian government has come up with strict banking rules and guidelines, to scrutinize all the banking practices so that the banks can give good banking services to all people.... [tags: Bank, Finance, Panama, Central bank]
1275 words (3.6 pages)
- Beautiful Panama Panama is a country full of beauty with a vibrant culture. In Panama there are a lot of things to see, do, and eat. Panama’s is official name is the Republic of Panama. The capital of Panama is Panama City. This country is located in the in the southernmost part of Central America. It is bordered by Costa Rica to the west and Colombia to the southeast. It also has the Caribbean to north and the Pacific Ocean to the south. Panama is one of the countries that were explored and settled on by the Spanish in the 16th century.... [tags: spanish colonization, panama canal]
1287 words (3.7 pages)
- Hupp’s father tried to subdue the gunman and was shot right in front of her. Suzanna escaped through a smashed window and thought her mother was with her, only to learn later that her mother had rushed to her father’s side and ended up being shot point blank by the gunman. Suzanne continued to talk about how she made a horrible decision to leave her handgun in the car that day. She did not feel she would need it while at lunch with her family, and she wanted to abide by the law and not bring it into a “gun free” restaurant.... [tags: Concealed carry in the United States, Firearm]
1176 words (3.4 pages)
- Environment and Climate Change in Panama Home to vast tropical rainforests, an immense variety of animal and plant species and the seaway that connects the North Atlantic Ocean and the North Pacific Ocean, Panama relies heavily on all these resources for its economy. However, environmental challenges threaten the sustainability of these assets and therefore create a significant problem for the country. This paper will examine the effect of weather and climate change on Panama coupled with a specific focus on the Panama Canal.... [tags: Weather Panama Environment Essays Papers]
1520 words (4.3 pages)
- “I know people are pretty well embarrassed just at the mention of colon cancer. Sticking a tube in you to find out what’s wrong is not a nice thing. But I can tell them, a 30- or 40 minute test is worth it. We have to make them feel more comfortable about getting screened.” (Eric Davis). Most people are not exactly sure what colon cancer is. Colon cancer forms in the cells of the colon walls. Colon cancer is a deadly cancer and can easily be prevented if more people were open to talking about it.... [tags: Colon Cancer ]
2308 words (6.6 pages)
- Panama History and Culture The culture and political structures of Panama as we know it today has evolved from an incredibly diverse and interesting history. Geographically, Panama lies on an isthmus, a strip of land that essentially connects the greater landmasses of North and South America. It is believed that volcanic activity in the late Pliocene era closed the former Central American Seaway that had separated the two continents. The climatic implications of this landform are incredible, allowing for the redistribution of oceanic currents and the formation of the Gulf Stream of the Atlantic of today.... [tags: Panama Historical Cultural Essays ]
1384 words (4 pages)
- Food and Agriculture in Panama Agriculture is big business in Panama. Not only does it account for much of the country's exports (over 50%), but subsistence farming still employs many Panamanians who only grow enough food to feed their families (nationalencyclopedia.com). The main crop in Panama is bananas by a large margin, and is also one of the countries largest exports. Besides bananas, the other main exports are sugar and coffee beans, while the largest domestic crops are corn, rice, cocoanuts, tobacco and the exotic root vegetable yucca (Bennett 78).... [tags: Panama Farming Agricultural Essays Papers]
1030 words (2.9 pages)
- The Panama Canal For centurys man has used water as way to get from one place to another very quickly. The Panama Canal is no exception. From around the start of the 16th century people have been trying to find a way to cut a canal across the Isthmus of Panama. Many misfortunes and deaths have been sacrificed to obtain this goal. Finally in 1914 the American had completed one of the greatest feats of all time the Panama Canal, cutting a many months journey to nine hours. The Panama Canal; The Shorter Trade Route.... [tags: Papers]
1528 words (4.4 pages)