Situated on the isthmus that connects North and South America, Panama is bordered by the Caribbean Sea to its north and the Pacific Ocean to its south. The Panama Canal, completed by the US in 1914, was transferred to Panamanian control at the end of last century, and remains a significant source of revene for the country. Tourism has been an increasingly growing industry, as well, visiting the country's two coasts for two different vacationing experiences. Regional festivals take place throughout the year featuring local musicians and dancers. Another example of Panama's blended culture is reflected in the traditional products, such as woodcarvings, ceremonial masks and pottery, as well as in its architecture, cuisine and festivals
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