Part 2/11:
The creation of the Suez Canal revolutionized international trade by drastically reducing travel distances and costs for shipping companies. Ships no longer had to traverse the lengthy and perilous route around Africa, which facilitated faster delivery of goods and enabled just-in-time shipping practices that are central to today’s supply chains. The canal also generates significant revenue for Egypt, as every vessel that transits pays tolls that contribute billions of dollars to the nation’s economy, supporting infrastructure projects and job creation.