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...
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