what is the importance of Suez Canal in the economy of India class 9th??
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Answered by
31
it reduced the distance through sea route by almost 7000 kms for trade with European countries.
The Suez Canal is considered to be the shortest link between the east and the west due to its unique geographic location; it is an important international navigation canal linking between the Mediterranean sea at Port said and the red sea at Suez .The unique geographical position of the Suez Canal makes it of special importance to the world and to Egypt as well.
This importance is getting augmented with the evolution of maritime transport and world trade. The maritime transport is the cheapest means of transport, whereas more than 80 % of the world trade volume is transported via waterways (seaborne trade).
Saving in distance , time and in operating costs for vessels that transit the Canal, also firm up this importance.
The Suez Canal is considered to be the shortest link between the east and the west due to its unique geographic location; it is an important international navigation canal linking between the Mediterranean sea at Port said and the red sea at Suez .The unique geographical position of the Suez Canal makes it of special importance to the world and to Egypt as well.
This importance is getting augmented with the evolution of maritime transport and world trade. The maritime transport is the cheapest means of transport, whereas more than 80 % of the world trade volume is transported via waterways (seaborne trade).
Saving in distance , time and in operating costs for vessels that transit the Canal, also firm up this importance.
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10th
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11
because it reduces distance and through this we are connected with Europe , North America and South America
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