The Isthmus of Panama is the narrow strip of land that lies between the Caribbean Sea and the Pacific Ocean, linking North and South America. The country of Panama is located on the isthmus, along with the Panama Canal. Like several isthmuses on earth, as a relatively narrow land bridge between close seas, it is a location of great geopolitical and strategic …The Isthmus of Panama is the narrow strip of land that lies between the Caribbean Sea and the Pacific Ocean, linking North and South America. The country of Panama is located on the isthmus, along with the Panama Canal. Like several isthmuses on earth, as a relatively narrow land bridge between close seas, it is a location of great geopolitical and strategic importance.