Aswan Dam the river has been improved, both upstream and downstream of the dam. Sailing along the Nile is a favorite tourism activity, which is mainly done during the winter when the natural flow of the Nile would have been too low to allow navigation of cruise ships. A new fishing industry has been created around Lake Nasser, though it is struggling due to its distance from any significant markets. The annual production was about 35 000 tons in the mid-1990s. Factories for the fishing industry and packaging have been set up near the Lake. The dams also protected Egypt from the
Aswan Dam Though the Czech arms deal actually increased the American willingness to invest at Aswan, Great Britain cited the deal as a reason for reversing its promise of funds. What angered Dulles much more was Nasser's diplomatic recognition of China, which was in direct conflict with Dulles's policy of containment. There are several other reasons why the U.S. decided to withdraw its offer of funding. Dulles believed that the USSR would not fulfill its commitment to help the Egyptians. He was also irritated by Nasser's neutrality and attempts to play both sides of the Cold War. At the time, other western