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Harmodio Arias Madrid

president of Panama

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Harmodio Arias Madrid served as president of Panama from 1932 to 1936. He was the brother of Arnulfo Arias Madrid, who also served as president multiple times. During Harmodio Arias's presidency, he successfully negotiated with the United States to modify the Hay-Bunau-Varilla Treaty. This modification relinquished the U.S. rights of intervention in Panama and the seizure of lands for canal-related purposes. The treaty was updated in 1936 as the Hull-Alfaro Treaty. Additionally, the United States increased its annuity payments for the use of the Canal Zone and agreed to construct a transisthmian highway.1

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