Ben Gurion Canal Project: Israel’s Bold Initiative Challenging the Suez Canal? | Wonderful Stories
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Deep within the Arid neiff desert of Israel lies a project shrouded in both excitement and controversy the benguan canal Envision as a modern-day Suz Canal it promises to reshape Global shipping routes and redefine Israel’s economic position what is the bandan canal project the banduri and Canal project
Was a proposal in the 1960s by Israel to connect the Red Sea to the Mediterranean Sea through the southern end of the Gulf of akaba the route was planned via the port city of aot and the Jordanian border through the araba valley for about 100 km between the ninf mountains
And the Jordanian Highlands and veered West before the Dead Sea Basin and heading through a valley in the ninf mountain range it would then head north again to circumvent the Gaza Strip and connect to the Mediterranean Sea however a connection between the Red Sea and the Mediterranean Sea already exists through
The Suz Canal an artificial sea level waterway in Egypt that offers vessels of a direct route between the North Atlantic and the northern Indian oceans reducing Journey distance and time the Suez Canal provides the shortest sea route between Asia and Europe and currently handles roughly 12% of the
World’s Trade why did Israel propose the project the Constantinople International Convention signed in 1888 by the great European powers of the era once guaranteed a right of passage via the Suz Canal to All Ships during War and Peace however after the SU us Canal was nationalized in 1956 by then Egyptian
President gal Abdul Naser Egypt closed off access to the canal on several occasions following the establishment of Israel in 1948 and the violent displacement of Palestinians also known as the naaga Egypt blocked Israeli vessels from accessing the canal from 1948 until 1950 affecting its ability to trade with East Africa and Asia and
Hampering its ability to import oil from the Gulf region access to the the Suz Canal was closed to all international shipping in 1956 following the tripartite aggression against Egypt which involved an alliance between Israel the UK and France who sought to regain control of the Suz canal and
Remove Naser from Power the canal was effectively closed during the conflict and the situation escalated into a crisis with International and economic ramifications the Suz Canal was also closed for a staggering 8-year period in 1967 at the beginning of the six- day war also known as the Arab of Israeli
War which was fought between Israel and a coalition of Arab states primarily Egypt Syria and Jordan when Arab states blocked all land trade routes Israel’s ability to trade with East Africa and Asia mainly to import oil from the Persian Gulf was also severely hampered an alternative to the Suz Canal
Especially under the authority of key Western Ally Israel would eliminate the potential use of the Suz canal and the Straits of Tran is leveraged by Egypt against Israel or its allies in 2021 some 20, 649 vessels flowed through the Suz Canal an increase of 10% over 2020
In 2022 annual revenu stood at $8 billion in transit fees the Suz Canal set a new record with annual revenue of 9.4 billion for the fiscal year that ended June 30th 2023 while the canal is Egypt’s economic centerpiece attracting Investments to the country and leading to the development of services and industries
Its primary importance remains its ability to facilitate International Trade making an efficient global trade route the Ben durian Canal if constructed would rival the Suz canal and cause a major Financial threat to Egypt if it goes ahead it will be almost onethird longer than the current 193.3 km Suz canal and whoever controls
It will have enormous in fluence over the global supply routs for oil grain and shipping if you enjoyed this video leave a like And subscribe to wonderful stories thank you for watching and we’ll see you in the next amazing video