71 Days
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عربية – DW
Suez Canal: Why It Remains an Indispensable Artery for the Global Economy
The Suez Canal remains one of the vital arteries of international trade, through which approximately 15% of global trade and around 30% of container traffic pass, with goods valued at over one trillion dollars annually. Historically, it was a primary target of British and French colonial interests, and it was closed during the wars of 1956 and 1967, affecting both Egyptian and global trade and economies. Despite discussions about alternatives, its geographical location and capacity to serve global commerce make the canal almost irreplaceable, and it continues to be a strategic hub despite security challenges and global crises.
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