Interoceanic Passages
Abivin
DECEMBER 5, 2022
The Suez Canal Company's shares were purchased by Great Britain in 1874, making it the sole owner. Because it allows for quicker connections between the East and West coasts, cutting the distance traveled by ship by nearly 13,000 km (from 21,000 km to 8,000 km), the Panama Canal is of particular strategic importance to the United States.
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