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Introduction | Information PANAMA  
The Republic of Panama is located in Central America and forms the narrow isthmus that links North and South America. Panama is famous for its canal, which joins the Atlantic and Pacific Oceans. Because of the international nature of the Panama Canal, the country's population of 2.8 million has excellent telecommunications, airline links and a sophisticated banking and financial system as well as a major free port.The US Dollar is the legal tender in the Republic of Panama and its official language is Spanish, but English is also widely spoken. Panama is probably best known for its extensive ship registration (the largest in the world), and possibly its recent history of dictatorship under General Noriega. Since 1994 though, Panama has known relative democracy, and at the end of 1999 all of the US facilities and shipping bases were ceded back to Panamanian control, giving Panama the opportunity to create a thriving service-based economy. The Government has constructed a large suite of investment incentives and zones to attract local and international investors, making Panama an attractive and relatively simple place in which to base a holding or trading company.
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