The Treaty to transfer the Canal was done by Jimmy Carter, but Bill Clinton was President on the date the Canal was transferred.
Bob McMillan
On September 7, 1977, President Jimmy Carter signed the Panama Canal Treaty. The US gave control of the Panama Canal back to Panama in 2000.
Jimmy Carter
The United States gave it to Panama. So Panama controls the canal.
Panama owns the Panama Canal. Although the US had control over the Canal Zone from 1903 to 1979, the treaty was eventually amended in 1977.
in 1999
President Jimmy Carter, although the USA really created the nation of Panama to get the canal in the first place, so President Jimmy Carter was actually doing the right thing when he gave Panama the right to control something that was built on their land in the first place. Panama still allows the USA to have a say in how the canal is run.
French interests headed by de Lessups (who had built the Suez Canal) originally tried constructing the Panama Canal but went bankrupt and gave up.
Ronald Reagan could argue that Carter lost or gave away the Panama Canal because Carter did give away the Panama Canal. Carter felt that it wasn't on American land.
The Panama Canal is owned by Li Ka Shing, a Hong Kong based billionaire, and is run by the Panama Canal Authority.
In 1978 the United States government voted a treaty. By this treaty or promise, the United States gave the ownership of the Panama Canal to the country of Panama in the year 2000.
From my geography school days I remember that they called it the 'Panama' canal because it runs through Poland, Austria, Nigeria, Argentina, Malta, and Azerbaijan in that order, hence the letters of each of those countries gave it the name...Panama Canal!
the french company ran out of money and support from the french people for this venture