Business: Panama's Rewards of Ratification

Those treaties could unlock a lot of investment

Panama's controversial canal is not the only thing in that country under water; so, too, is its economy. During the past several years of hot debate and demonstrations over the fate of the canal, moneyed Panamanians and foreign investors have been reluctant to sink cash into the country. They are even less willing to do so now, fearing that Panama could be thrown into turmoil if the U.S. Senate fails to ratify the canal treaties. But if the treaties are adopted, Panamanians believe, investment, and their economy, will surge.

The $2 billion-a-year economy has not...

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