Identify the role that Panama Canal has played in World politics since 1945

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The Panama Canal has played a significant role in world politics since 1945, primarily due to its strategic importance as a key maritime passage between the Atlantic and Pacific Oceans.

1. Security: The United States has maintained a military presence in the region to protect the canal and ensure its security. During the Cold War, the canal was a vital strategic asset for the U.S. to counter Soviet influence in the Western Hemisphere.

2. Trade: The canal has facilitated global trade by allowing ships to bypass the lengthy journey around South America, saving time and money. As a result, the canal has become a critical part of the global supply chain and an important economic hub.

3. Diplomacy: The ownership and operation of the canal have been subject to diplomatic tensions between the U.S. and Panama. In 1977, the Torrijos-Carter Treaty led to the transfer of control of the canal to Panama, which was seen as a significant step towards ending U.S. dominance in the region.

4. International Relations: The Panama Canal has also been a focal point in international relations, with countries such as China and Russia seeking to expand their influence in the region. The canal's importance as a key chokepoint in global shipping has made it a target for geopolitical competition.

Overall, the Panama Canal's role in world politics since 1945 has been significant, shaping alliances, security arrangements, and diplomatic relations in the region and beyond.
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