Suez Crisis Peacekeepers to police the Egyptian–Israeli border, British Prime Minister Anthony Eden resigned, Canadian Minister of External Affairs Lester Pearson won the Nobel Peace Prize, and the USSR may have been emboldened to invade Hungary. The Suez Canal was opened in 1869, after ten years of work financed by the French and Egyptian governments. The canal was operated by the Universal Company of the Suez Maritime Canal, an Egyptian-chartered company; the area surrounding the canal remained sovereign Egyptian territory and the only land-bridge between Africa and Asia. The canal instantly became strategically important, as it provided the shortest ocean link between
Suez Crisis met with Eden, were the British informed of the secret Franco-Israeli alliance. On 22 October 1956, during negotiations leading to the Protocol of Sevres, David Ben-Gurion, Prime Minister of Israel, gave the most detailed explanation ever to foreign dignitaries, of Israel's overall strategy for the Middle East. Shlaim called this Ben-Gurion's "grand design". His main objection to the "English plan" was that Israel would be branded as the aggressor while Britain and France would pose as peace-makers. Instead he presented a comprehensive plan, which he himself called "fantastic", for the reorganization of the Middle East. Jordan, he observed, was not