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Government, International Organizations

Central American Integration System, Inter-American Development Bank, Organization of American States, Noriega, SICA

Panama is a member of the United Nations (UN) and most major UN agencies, and it has served three terms as a member of the UN Security Council. It maintains membership in several international financial institutions, including the World Bank, the Inter-American Development Bank, and the International Monetary Fund. Panama is a member of the Organization of American States, and was a founding member of the Latin American Economic System (known informally both as the Group of Eight and the Rio Group). Panama was suspended from the Rio Group in 1988, due to its internal political system under Noriega, but was readmitted in September 1994.

Panama often participates in Central American regional meetings and is a member of the Central American Parliament and the Central American Integration System (SICA). The government is also taking steps to join the Central American Development Bank.



Article key phrases:

Central American Integration System, Inter-American Development Bank, Organization of American States, Noriega, SICA, International Monetary Fund, international financial institutions, Security Council, World Bank, Panama, founding member, United Nations, steps, agencies, membership, member, terms

 
 

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