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Villanova Magazine - Spring 2004 Edition
  Two Villanova Alums’ Role in Shaping Modern Panama

Two Panamanian Alumni have played serious roles in the long road back to political stability in the once war torn and dictator-ruled country of Panama. Aurelio Barria ’73 C&F and Dr. Ricuarte Vasquez ’73 A&S returned to their home country of Panama from the United States to make a difference in a country that desperately needed it.

Like most of Latin America, Panama was once a Spanish colony. In 1821 what is now Panama gained independence from Spain as a part of the nation that is now Colombia. However, because of its strategic location, Panama was an attractive target for European powers wishing to create an Atlantic to Pacific trading route. Through diplomatic and military efforts by the French, the British, and finally the Americans, Panama became a free country in 1903. The following year, the United States Senate ratified the treaty to begin construction of the Panama Canal.

From its completion in 1914 until the United States handed over control of the canal in 2000, Panama has endured harsh political regimes as well as an interesting relationship with the United States. A delicate democracy in name, Panama was closely watched by the United States, until 1936 when it gave up its rights to use force outside of the Canal Zone. A series of military dictatorships ending with the overthrow of Noriega in 1989, perhaps Panama’s worst, is still a sharp and poignant memory for many Panamanians. Both Villanova Alums have helped to shape Panama into a more stable and successful country in the 15 years since its freedom from Noriega.

Aurelio Barria, an economics graduate of the college of Commerce and Finance here at Villanova, returned to Panama with a strong interest in civil society and business. By 1987 he was president of the “Camara de Comercio,” something similar to our Chamber of Commerce -. By this time, political tension had increased tremendously because of Noriega’s harsh oppression of the Panamanian people. Barria was invited to witness the newly founded elections in the Philippines, after the fall of President Ferdinand Marcos, and upon his return to Panama he dedicated himself to establishing an organization to monitoring the upcoming elections in his country, which had been historically corrupt and staged.

He began by uniting different members of the business, education, union, medical and civic groups to form a force for fair elections. This group became stronger and unified, as the offenses of the regime became graver. It gained its title of “Cruzada Civilista Nacional” or the National Civic Crusade. With the purpose of investigating crimes committed by the reigning military government and the guarantee of free elections, Barria’s group began to take a central role in peaceful local opposition to Noriega. After Noriega denounced the winner of the May 1989 elections, his power waned, and international approval with it. Barria’s group, with a strong local support by nationalist Panamanians worked closely with the United States Government in an effort to oust Noriega, and in late 1989 U.S. troops invaded and successfully captured Noriega. The peaceful, liberal and democratic virtues espoused by Barria, have over the past 15 years taken root in Panama, and the country is now enjoying control of its primary asset, the canal, as well as a stable government.

Dr. Ricuarte Vasquez’s roles in the affairs of Panama have been more prominent in the last 15 years. He is a member of a group of businessmen who are making Panama not only a key trading nation, but a center for international business and banking. With a strong background in Business from the United States, starting with his Mathematics degree from Villanova in 1973 as well as an MBA from RPI, Vasquez has taught, and worked for corporations throughout the financial industry for firms including Chase Manhattan Bank.

In 1996 Vasquez was appointed Deputy Administrator for the Panama Canal. His job title also included leading the department of Finances for the canal. One of his primary responsibilities is overseeing the modernization of the canal and ensuring that it maintains its importance in the maritime trade industry. He also has served the government as Minister of Finance and Chief Debt Negotiator for the Government of Panama Refinancing Program. Vasquez is one of the individuals who has helped transform Panama into a stable and profitable place to do business. He also helped to make the transition between U.S. and Panamanian governance of the canal smooth and successful. His economic guidance and contributions to Panama during the last 15 years have been remarkable.

The result of the efforts of both men has been nothing short of magnificent for the country as a whole. These international Villanovans have truly helped to change their country for the better. Aurelio Barria’s son Juan Barria ’05 C&F now attends Villanova, and will be graduating in 2005.

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