Aswan Dam industrialization. Like the earlier implementation, the High Dam has had a significant effect on the economy and culture of Egypt. Before the High Dam was built, even with the old dam in place, the annual flooding of the Nile during late summer had continued to pass largely unimpeded down the valley from its East African drainage basin. These floods brought high water with natural nutrients and minerals that annually enriched the fertile soil along its floodplain and delta; this predictability had made the Nile valley ideal for farming since ancient times. However, this natural flooding varied, since high-water years could
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