1956 Commonwealth Prime Ministers' Conference and welcomed liberalization in the Soviet Union under Nikita Khrushchev hailing the "significant changes" in Soviet domestic and foreign policy as being positive steps for world peace. British attempts to negotiate a diplomatic settlement over Greek and Turkish claims regarding the soon to be independent British colony of Cyprus were also discussed. 1956 Commonwealth Prime Ministers' Conference The 1956 Commonwealth Prime Ministers' Conference was the eighth Meeting of the Heads of Government of the Commonwealth of Nations. It was held in the United Kingdom in June 1956, and was hosted by that country's Prime Minister, Sir Anthony Eden. The new
Suez Canal Company his predecessor Said. The problem was referred during 1864 to the arbitration of Napoleon III, who awarded £3,800,000 (equivalent to £ in ) to the company as compensation for the losses they would incur by the changes to the original grant which Ismail demanded. During 1875, a financial crisis forced Isma'il to sell his shares to the government of the United Kingdom for only £3,976,582 (equivalent to £ in ). The company operated the canal until its nationalization by Egyptian President Gamal Abdel Nasser in 1956, which led to the Suez Crisis. In 1962, Egypt made its final payments for