Panama, officially the Republic of Panama, is a transcontinental country in Central America connecting North and South America, bordered by Costa Rica, Colombia, the Caribbean Sea, and the Pacific Ocean. It is world-famous for the Panama Canal, a critical global trade route completed in 1914 and under full Panamanian control since 1999. The nation is a presidential democracy with a service-based economy focused on banking, commerce, tourism, and logistics. Its capital, Panama City, is a major international financial hub.

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