Editing Foreign relations of Panama (section)

== Multilateral relations ==
Panama is a member of the [[UN General Assembly]] (and most major UN agencies) and has served three terms in the [[UN Security Council]]. In November 2006,  it was elected to serve a two-year term on the Security Council, beginning January 1, 2007.  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 [[Rio Group]]. Although it was suspended from the [[Latin American Economic System]] — known informally both as the Group of Eight and the Rio Group — in 1988 due to its internal political system under [[Manuel Noriega]], Panama was readmitted in September, 1994 as an acknowledgment of its present democratic credentials.

Panama is also one of the founding members of the [[Union of Banana Exporting Countries]] and belongs to the [[Inter-American Tropical Tuna Commission]]. Panama is a member of the [[Central American Parliament]] (PARLACEN) as well as the [[Central American Integration System]] (SICA). Panama joined its six Central American neighbors at the 1994 Summit of the Americas in signing the [[Alliance for Sustainable Development]] known as the ''Conjunta Centroamerica-USA'' or CONCAUSA to promote sustainable economic development in the region.

Panama is also a member of the [[International Criminal Court]] with a Bilateral Immunity Agreement of protection for the [[United States|US]]-military (as covered under [[Rome Statute of the International Criminal Court|Article 98]]).