The Suez Canal Base Agreement Of 1954
On 13, Apr 2021 | In Uncategorized | By Bill
Britain`s desire to improve Anglo-Egyptian relations after the coup allowed the country to move closer in 1953 and 1954. Part of this process was the 1953 agreement to end British rule in Sudan until 1956, in exchange for Cairo abandoning its claim to the sweetness of the Nile Valley. In October 1954, Britain and Egypt concluded the 1954 Anglo-Egyptian agreement on the gradual evacuation of British troops from the Suez base, whose conditions provide for the withdrawal of all troops within 20 months, the maintenance of the base, the continuation of the base and the right of return of Great Britain for seven years.  According to the contract, the Suez Canal Company was not to return to the Egyptian government until November 16, 1968.  8 Canal Company`s status is unusual. It is registered as an Egyptian company under Egyptian law, but it is incorporated as a limited or anonymous company and is subject to the provisions of the French code that respects these companies. The Paris Court of Appeal is designated as the court of ultimate recourse on legal issues concerning the company. The head office (seat) is located in Alexandria, while the administrative headquarters (administrative residence) is in Paris. See The Suez Canal, Notes and Statistics, by the Suez Maritime Canal Universal Company (London, 1952), particularly at p. 23 and following; Hoskins, H.
L., The Middle East 41-56 (N. T., 1954); and Great Britain and Egypt, 1914-1951, Royal Institute of International Affairs, Information Papers No. 19 (London, 1952), p. 202-203 . Under French law, the limited company is an economic association in which shareholder liability is limited. Important business decisions on policy and finance are made in Paris. In the spring of 1955, sixteen directors of the company were French, nine British, five Egyptians, one Dutch and one American (U.S.). Egypt is gradually securing greater representation on the board of directors and a greater share of the company`s profits. Gradually, a greater proportion of the Egyptian company`s staff becomes.
See the article on suez Canal Company in the Wall Street Journal, April 27, 1955, p. 1, 6. The paratroopers quickly secured the Western Bridge at the expense of two soldiers and put Egyptian positions out of harm`s way with bazookas and mortars, and the F4U Corsairs of The Naval Air Force 14.F and 15.F flew a series of support missions to the nearby air, destroying several SU-100s. The F-84Fs also encountered two large oil storage tanks in Port Said, which caught fire and covered most of the city with a thick cloud of smoke for the next few days. The Egyptian resistance varied, some positions fought back until they were destroyed, while others were abandoned with little resistance. French paratroopers stormed and in the morning took the water station of Port Said, an important destination to control in a desert town.  Chateau-Jobert followed this success by committing an attack on Port Fuad.  Derek Varble, the historian of the U.S.
Army, later wrote: “Air support and violent French attacks turned the fighting at Port-Fuad into a battle.”  During the fighting in the canal area, French paratroopers often practiced their “No-Prisoners” code and executed Egyptian prisoners of war.  Instead, he presented a comprehensive plan that he himself described as “fantastic” for the reorganization of the Middle East.