How much money did the US give Columbia for the canal land?

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1021956

2026-07-08 14:40

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The United States paid Colombia $25 million for the rights to build the Panama Canal, as part of the Hay-Bunau-Varilla Treaty signed in 1903. This payment was made after a brief period of tension and a revolution that led to Panama's independence from Colombia. The treaty also granted the U.S. control over the Panama Canal Zone, which was approximately 10 miles wide.

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