Question

write a short note on Sueze canal

Answer 1

Suez Canal was started in 1859 and completed in 1869 which was financed by the French and Egyptian governments as joint venture. Canal was maintained and controlled by the Universal Company of the Suez Maritime Canal which is an Egyptian chartered group. This land is the only bridge between Asia and Africa, and it remained the Egyptian land. Canal after its completion took the advantage of its surrounding areas and location; it became an important strategic area because this is the shortest path between the Mediterranean and Indian Ocean. This canal provided an easy access for trading between nations and helped Europe in particular to attain powers and govern their colonies. Due to debt and financial crisis in 1875, Egypt head sold shares of the canal operating company to the British government.

Answer 2

The Suez canal is a waterway connecting the Mediterranean Sea to the Red Sea through the Isthmus of Suez. It was opened in 1869 after 10 years of construction.

It lies west of Sinai peninsula.

The canal is used by European maritime trade companies to exchange goods with India, China and South East Asia. Before its construction the only way to make this journey was going around South Africa through the Cape of Good Hope route.


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