importance of suez canal in the world trade

Importance of Suez canal

Importance of suez canal

Suez Canal connects the Mediterranean Sea and the Red Sea covering a distance of 160 km. It was constructed in 1969 by a French company. It has a width of 62 km depth of 10 m it accommodates 20,000 ships, 80,000 tonnes in a year and it is used by European countries, Middle East countries for handling exports …

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Ways in which Kenya have benefited from regional trade

Ways in which kenya has benefited from regional trade

The following are ways in which Kenya has benefited from regional trade it earns foreign exchange from exports it reduces tariffs making goods cheaper it promotes industrial growth and development it open up large market for goods increases employment opportunities it is a source of government revenue in the form of duties and tariffs it readily avails goods …

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