Solution for Suez

August 1956
New Republic;8/6/56, Vol. 135 Issue 6, p3
This article presents information on the Suez Canal crisis. When the leader Gamal Abdel Nasser seized the Suez Canal on July 26, 1956 from the international joint stock company which owned it, he created a diplomatic crisis which paralleled the seizure five years earlier of the British oil refinery at Abadan by the Iranian Premier. In the Suez talks there is also a fortuitous merging of interests. The vital concern of the U.S., British and French Governments is the maintenance of uninterrupted shipping through the canal, as guaranteed by the 9 power Constantinople Convention of 1888, to which Russia was a party. Continued operation is also in Nasser's interest, for without revenues the canal serves no Egyptian purpose.


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