Nicaragua Far Behind as Panama Canal Celebrates 100 Years

The Panama canal has been vital for maritime trade between the Atlantic and Pacific oceans since completion in 1914.

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Grand Canal of Nicaragua

Since completion in 1914, the Panama canal has been vital for maritime trade between the Atlantic and Pacific oceans by cutting through the Isthmus of Panama to eliminate the lengthy and dangerous Cap Horn route looping around the southern tip of South America. As far back as 1825, the newly established Federal Republic of Central…