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On July 26, 1956, the Suez Canal was nationalized
69 years ago today, July 26, 1956 (June 19, 1956 in the lunar calendar), Egyptian President Nasser took over the Suez Canal. The Suez Canal is a famous internationally navigable canal in Egypt. It serves as the transportation hub of Asia, Europe and Africa and is of great military and economic significance. Since its opening in 1869, the canal has been controlled by the Suitou Canal Company, which has a monopoly of capital by Britain and France. On July 26, 1956, Egyptian President Nasser issued a decree on the nationalization of the International Suez Canal. The decree stipulates that the Canal Company will be nationalized, all the company's property will be transferred to Egypt, all agencies that manage the company will be dissolved, and canal shipping will be managed by an agency established in Egypt. On August 2, the United States, Britain and France issued a communiqué after emergency talks, advocating the internationalization of the canal and opposing Egypt's decision to nationalize it. On August 16, the 22-nation international conference initiated by the three countries was held in London. Egypt refused to attend and no agreement was reached at the meeting. On October 13, the United Nations Security Council passed a resolution stipulating that international negotiations should be conducted on the premise of respecting Egypt's sovereignty over the canal. Britain and France realized that it was difficult to suppress Egypt through diplomatic means and stepped up preparations for military action. Britain and France had frequent contacts with Israel, and Israel dispatched troops to attack the Sinai Peninsula in Egypt. On the 30th, Britain and France issued an ultimatum to Egypt and Israel in accordance with the established guidelines, demanding that both sides immediately cease fire and withdraw 10 miles from each side of the canal, allowing British and French troops to temporarily station along the canal, otherwise they would intervene by force. Egypt refused. On the 31st, British and French aircraft bombed Cairo, Alexandria, Sid and other cities and invaded Egyptian territory. Egyptian troops withdrew from Sinai into the Yunhe District to concentrate on fighting against British and French troops. At the same time, they blocked the canal with shipwrecks, making it impossible for British and French warships to pass through. On November 2, the United Nations Security Council held an emergency meeting and issued a resolution calling on all parties concerned to cease fire immediately. On November 4, emergency troops were sent to supervise the ceasefire. Both the Soviet Union and the United States exerted pressure on Britain and France. On December 22, British and French troops completely withdrew from Egypt. Israeli troops also withdrew completely on March 8, 1957. On January 1, 1957, Egypt announced the abolition of the Anglo-Egyptian Agreement on the Suez Canal Base. In March 1957, the Suez Canal resumed navigation. Egypt wins the battle to regain sovereignty over the canal. Egypt scuttled a ship at the mouth of the Suez Canal in Port Said. As soon as the invasion began, the British Navy's salvage ship began to clear the river. The domestic reaction to the Suez Canal crisis was very strong in the UK. People marched on the streets and some were arrested. Differences of opinion among the general public were also reflected in Aydin's cabinet. British troops entered positions in Port Said, where a nearby building was burning as escorted merchant ships crossed the waterway now owned by Egypt


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