The economy of Panama is based mainly on the services sector, which accounts for nearly 80% of its GDP and accounts for most of its foreign income. Services include the Panama Canal, banking, commerce, the Colón Free Trade Zone, insurance, container ports, and flagship registry, medical and health and tourism. The country's industry includes manufacturing of aircraft spare parts, cement, drinks, adhesives and textiles. Additionally, exports from Panama include bananas, shrimp, sugar, coffee, and clothing. Panama's economy is a fully dollarized, with the US dollar being legal tender in the country. Panama is a high-income economy with a history of low inflation.
United Nations Security Council Resolution 478, adopted on 20 August 1980, is one of seven UNSC resolutions condemning Israel's attempted annexation of East Jerusalem. In particular, UNSC res 478 notes Israel's non-compliance with UNSC res 476 and condemned Israel's 1980 Jerusalem Law which declared Jerusalem to be Israel's "complete and united" capital, as a violation of international law. The resolution states that the Council will not recognize this law, and calls on member states to accept the decision of the council. This resolution also calls upon member states to withdraw their diplomatic missions from the city.
United Nations Security Council Resolution 1373, adopted unanimously on 28 September 2001, is a counter-terrorism measure passed following the 11 September terrorist attacks on the United States. The resolution was adopted under Chapter VII of the United Nations Charter, and is therefore binding on all UN member states.
The Torrijos–Carter Treaties are two treaties signed by the United States and Panama in Washington, D.C., on September 7, 1977, which superseded the Hay–Bunau-Varilla Treaty of 1903. The treaties guaranteed that Panama would gain control of the Panama Canal after 1999, ending the control of the canal that the U.S. had exercised since 1903. The treaties are named after the two signatories, U.S. President Jimmy Carter and the Commander of Panama's National Guard, General Omar Torrijos.
The United Nations Security Council "veto power" refers to the power of the five permanent members of the UN Security Council to veto any "substantive" resolution. However, a permanent member's abstention or absence does not prevent a draft resolution from being adopted. This veto power does not apply to "procedural" votes, as determined by the permanent members themselves. A permanent member can also block the selection of a Secretary-General, although a formal veto is unnecessary since the vote is taken behind closed doors.
United Nations Security Council Resolution 1680, adopted on May 17, 2006, after recalling previous resolutions on Lebanon, including 425 (1978), 426 (1978), 520 (1982), 1559 (2004) and 1655 (2005), the Council strongly encouraged Syria to respond positively to Lebanon's request to delineate borders and establish diplomatic relations, with the purpose of asserting Lebanon's sovereignty, territorial integrity and political independence.
United Nations Security Council resolution 1173, adopted unanimously on 12 June 1998, after reaffirming Resolution 696 (1991) and all subsequent resolutions on Angola, particularly Resolution 1127 (1997), the Council announced its intention to impose further sanctions against UNITA for non-compliance, unless it co-operated to extend state administration throughout the country.
United Nations Security Council Resolution 325, adopted on January 26, 1973, after acknowledging the government of Panama's offer do what ever was necessary to host the Council and the Latin American Group's support for this idea, the Council decided to hold meetings at Panama City from March 12 to March 21, 1973. The agenda for these meetings was to be "Consideration of measures for the maintenance and strengthening of international peace and security in Latin America in conformity with the provisions and principles of the Charter". The Council requested the Secretary-General enter into negotiations with the Panamanian government to conclude an appropriate conference agreement.
The first emergency special session of the United Nations General Assembly was convened on 1 November and ended on 10 November 1956 resolving the Suez Crisis by creating the United Nations Emergency Force to provide an international presence between the belligerents in the canal zone. The emergency special session was convened due to the failure of the Security Council to resolve the instability at the Suez Canal, invoking "Uniting for Peace" resolution which transferred the issue from the Security Council to the General Assembly. On the fourth day of the session the Canadian representative, Lester B. Pearson, introduced the concept of a UN police force. The creation of the United Nations Emergency Force was approved by the General Assembly with 57 supports and zero opposes. The vote had 19 countries abstaining, including the United Kingdom, France, Egypt, the Soviet Union and several Eastern European countries.
United Nations Security Council resolution 1540 was adopted unanimously on 28 April 2004 regarding the non-proliferation of weapons of mass destruction. The resolution establishes the obligations under Chapter VII of the United Nations Charter for all Member States to develop and enforce appropriate legal and regulatory measures against the proliferation of chemical, biological, radiological, and nuclear weapons and their means of delivery, in particular, to prevent the spread of weapons of mass destruction to non-state actors.
United Nations Security Council resolution 816, adopted on 31 March 1993, after reaffirming resolutions 781 (1992), 786 (1992) concerning a ban on military flights over Bosnia and Herzegovina and recognising the current situation in the region, the Council, acting under Chapter VII of the United Nations Charter, extended the ban to cover flights by all fixed-wing and rotary-wing aircraft over the country, and to use all measures necessary to ensure compliance with the ban.
United Nations Security Council resolution 984, adopted unanimously on 11 April 1995, the Council gave assurances to non-nuclear weapon states that were parties to the Nuclear Non-Proliferation Treaty (NPT) against the threat of nuclear proliferation.
United Nations Security Council resolution 1170, adopted unanimously on 27 May 1998, after considering the situation across the African continent, the Council decided to establish an ad hoc Working Group to review the Secretary-General Kofi Annan's recommendations concerning the maintenance of international peace and security in Africa.
United Nations Security Council resolution 1189, adopted unanimously on 13 August 1998, after expressing its deep disturbance at the bombings in Nairobi, Kenya, and Dar es Salaam, Tanzania on 7 August 1998, the Council strongly condemned the terrorist attacks and called on countries to adopt measures to prevent further incidents.
United Nations Security Council resolution 1199, adopted on 23 September 1998, after recalling Resolution 1160 (1998), the Council demanded that the Albanian and Yugoslav parties in Kosovo end hostilities and observe a ceasefire.
United Nations Security Council resolution 1390, adopted unanimously on 16 January 2002, after recalling resolutions 1267 (1999), 1333 (2000), 1363 (2001), 1368 (2001), 1373 (2001) 1378 (2001) and 1383 (2001) concerning the situation in Afghanistan and terrorism, the Council imposed further sanctions on Osama bin Laden, Al-Qaeda, the Taliban and others associated with them.
United Nations Security Council resolution 1435, adopted on 24 September 2002, after recalling resolutions 242 (1967), 338 (1973), 1397 (2002), 1402 (2002) and 1403 (2002), the Council demanded the end to Israeli measures in Ramallah, including the destruction of Palestinian infrastructure.
United Nations Security Council Resolution 1970 was a measure adopted unanimously by the UN Security Council on 26 February 2011. It condemned the use of lethal force by the government of Muammar Gaddafi against protesters participating in the Libyan Civil War, and imposed a series of international sanctions in response.
United Nations Security Council resolution 1624, adopted unanimously at the 2005 World Summit on 14 September 2005, after reaffirming previous resolutions on terrorism, including resolutions 1267 (1999), 1373 (2001), 1535 (2004), 1540 (2004), 1566 (2004) and 1617 (2005), the Council called on all states to co-operate in order to strengthen the security of their international borders by enhancing terrorist screening and passenger security procedures.
United Nations Security Council resolution 1625, adopted unanimously at the 2005 World Summit on 14 September 2005, the Council adopted a declaration on the role of the Security Council in conflict prevention, particularly in Africa where many armed conflicts were taking place.
