Colombian-Panamanian relations are bilateral diplomatic relations between Colombia and Panama . The length of the state border between the countries is 339 km [1] .
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History
From 1821 to 1903, Panama was part of Colombia or its predecessor states. In 1903, Panama separated from Colombia and became a sovereign state. In 1921, Colombia recognized Panama’s independence after the United States paid Colombia compensation in the amount of US $ 25 million for interfering in the Colombian-Panama conflict [2] [3] .
In 2014, about 500,000 Colombians lived in Panama; Panamanian banks are a popular place to store cash among Colombian citizens [4] .