Why opening of suez canal is beneficial for india
Answers
Answer:
The Suez Canal is a waterway which was constructed in the late 19th century. It is one of the most important trade routes because it connects the Indian Ocean to the Mediterranean Sea through the Red Sea. This Canal has been the source of various contentions because of different parties claiming control of it. However, Egypt which contributed the most in construction of the Canal currently has full control of the waterway and even gets taxes from users of this trade route.
Countries around the pacific, Asia and Europe have greatly benefited since the Suez Canal was first constructed. There were modifications on this waterway in the later parts of the 19th century and throughout its 3,600 years of existence it has been of importance to India. This is because during its construction, India was a protectorate of the British Empire. After gaining independence, India still uses the Suez Canal.
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Answer:
it is beneficial for INDIA because it has reduced the distance by 7000 KM from INDIA to EUROPE