Panama Transnational Issues - 2005

https://allcountries.org/wfb2005/panama/panama_issues.html
SOURCE: 2005 CIA WORLD FACTBOOK

Disputes - international:
organized illegal narcotics operations in Colombia operate within the border region with Panama

Illicit drugs:
major cocaine transshipment point and primary money-laundering center for narcotics revenue; money-laundering activity is especially heavy in the Colon Free Zone; offshore financial center; negligible signs of coca cultivation; monitoring of financial transactions is improving; official corruption remains a major problem

NOTE: The information regarding Panama on this page is re-published from the 2005 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Panama Transnational Issues 2005 information contained here. All suggestions for corrections of any errors about Panama Transnational Issues 2005 should be addressed to the CIA.