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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.
The
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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