About

• The Panama Canal, a lock-type canal, is owned and managed by the Republic of Panama, providing a crucial connection between the Atlantic and Pacific Oceans via the narrow Isthmus of Panama. Stretching approximately 40 miles (65 km) from one shoreline to another and about 50 miles (82 km) from deep water in the Atlantic to deep water in the Pacific, the canal plays a pivotal role in global maritime trade.

• Completed in August 1914, the Panama Canal ranks among the world’s most strategically significant artificial waterways, alongside the Suez Canal. It serves as a vital conduit between the Atlantic and Pacific Oceans, offering ships a vital shortcut that bypasses the perilous and lengthy journey around Cape Horn, notorious for its piracy.
• Panama stands as India’s primary trade partner in Central America, holding a strategic position to serve as India’s entry point to the Latin American region. With its unique logistical capabilities as a maritime hub and a business- and investment-friendly economic landscape, Panama offers promising opportunities for Indian businesses and investors.