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 (B) the competitive position of the use of the Canal in
 relation to other means of transportation;
 (C) the interests of both Parties in maintaining their domestic fleets;
 (D) the impact of such an adjustment on the various
 geographical areas of each of the two Parties; and
 (E) the interests of both Parties in maximizing their international commerce.
 The United States of America and the Republic of Panama
 shall cooperate in exchanging information necessary for the
 consideration of such factors.
 (2) The agreement "to maintain the regime of neutrality established in this Treaty" in Article TV of the Treaty means that either of the two Parties to the Treaty may, in accordance -with its constitutional processes, take unilateral action to defend the Panama Canal against any threat, as determined by the Party
 taking such action.
 (3) The determination of "need or emergency" for the purpose
 of any vessel or war or auxiliary vessel of the United States of America or the Republic of Panama going to the head of the line of vessels in order to transit the Panama Canal rapidly shall be
 made by the nation operating such vessel.
 (4) Nothing in the Treaty, in Annex A or B thereto, in the
 Protocol relating to the Treaty, or in any other agreement relating to the Treaty, obligates the United States of America to provide any economic assistance, military grant assistance, security supporting assistance, foreign miltary sales credits, or international
 military education and training to the Republic of Panama.
 (5) The President shall include all amendments, conditions,
 reservations, and understand clings incorporated by the Senate in this resolution of ratification in the instrument of ratification to be
 exchanged with the Government of the Republic of Panama.
 The Republic of Panama agrees to the exchange of the instruments of ratification of the aforementioned Neutrality Treaty on the understanding that, there are positive rules of public international law contamned in multilateral treaties to which both the Republic of Panama and the United States of America are Parties and which consequently both States are bound to implement in good faith, such as Article 1, paragraph 2 and Article 2, paragraph 4 of the Charter of the United Nations, and Articles 18 and 20 of the Charter of the Organization of American States.
 It is also the understanding of the Republic of Panama that the actions -which either Party may take in the exercise of its rights and the fulfillment of its duties in accordance with the aforesaid Neutrality Treaty, including measures to reopen the Canal or to restore its normal operation, if it should be interrupted or obstructed, will be effected in a manner consistent with the principles of mutual respect and cooperation on which the new relationship established by that Treaty is based.
 The Republic of Panama declare's that its political independence, territorial integrity, and self-determination are guaranteed by the