UN General Assembly
1988

Foreign investment would give rise to apprehension and well justified fear, particularly in the Latin American countries, which would find themselves abruptly obliged to identify such investment as potential Instruments of imperialist designs. The orders and prohibitions imposed by the current United States Government on the corporations of its nationals in Panama are really tantamount to stamping its foreign investments with the label of weapons of aggression. There are many countries which, like Panama, require massive capital investment in their development process, countries which have reformed their policies, have modernized their methods, have invested efforts and valuable resources in the training of Qualified personnel. They have adapted their laws and signed agreements in order to help attract foreign capital for the strengthening of their economy.