Panama Democracy and Economic Recovery Act

[AI summary unavailable — showing source text] Panama Democracy and Economic Recovery Act- Makes certain policy declarations regarding Panama, including: (1) expressing support for a civilian democratic government in Panama; (2) expressing support for a transition to democracy in Panama using multilateral initiatives and other means; (3) pledging increased U.S. drug enforcement cooperation with a Panamanian Government committed to ending drug trafficking; (4) calling for economic assistance to Panama following the departure of General Noriega; and (5) expressing support for the strengthening of democratic institutions in Panama following his departure. Provides for specified U.S. assistance to Panama if the President certifies to the Congress that: (1) General Noriega is no longer in power in Panama; (2) substantial progress has been made in assuring a separation of civilian and military functions; (3) the Panama Defense Forces will be limited to activities specified in the Panamanian Constitution; (4) constitutional guarantees have been restored in Panama; (5) Panama has agreed to cooperate fully with the United States in drug enforcement efforts; (6) Panama has agreed to enter into negotiations for a mutual legal assistance t…