VOL. XXXVI

NO. 51

20-SEPTEMBER-1993

EGYPT

Mideast Peace Could Bring Competition For Suez Canal And Sumed

Suez Canal Authority (SCA) Chairman Muhammad 'Izzat 'Adil said that theIsrael-PLO accord and Middle East peace prospects could force the Suez Canalinto a price war to keep customers from a widening range of cargo options.Speaking to reporters on 15 September, he said: "At the Suez Canal we facehard challenges from peace." He stressed that "there will be nomonopolies in the future. We will enter...