How did the UK benefit from the acquisition of the Suez Canal?
August 3, 2021 | education
| In 1875 England acquired part of the shares of the company that built and controls the Suez Canal. It was a profitable deal for the country, despite the fact that the British government had to pay a lot (4 million pounds). The acquisition of the Suez Canal was part of the “Eastern question” policy. In addition, England received enormous benefits: now the path to India, “the pearl of the British Empire”, was shortened by several thousand miles, which increased and accelerated trade with this colony.
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