UN General Assembly
1984

42. Thus, we consistently uphold the principle of Panamanian neutrality with regard to disputes between other countries in the area or between the great Powers. For this reason also, we endeavour to develop good relations with all nations of the area without exception, even though they may have political systems different from our own. As our experience has shown, dialogue and agreements jointly arrived at with all countries are the best way to protect the security and stability of each and of the international community as a whole. 43. In the face of the dangerous deterioration of the regional situation, and in keeping with our experience, we prefer Panama to be a centre of understanding and conciliation rather than a party to confrontations. This basic principle has made my country one of the main sites for discussions to achieve peace in the world; the same principle animates the Contadora initiative.