.Panama flag - red, white and blue

.Red - Represents the Liberal Party in Panama

.Blue - Represents the Conservative Party in Panama

.White - represents the peace between them

.The equal division of colors symbolizes that the two parties rule Panama at different times

:Another meaning

.Red - The red background symbolizes the blood shed for Panama's independence

.A red star symbolizes the rule of law

.Blue - The blue background symbolizes the Pacific Ocean and the Caribbean Sea

.A blue star symbolizes the civic virtues of purity and honesty

.The two stars together symbolize loyalty and resilience