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 Crisis led to a withdrawal. U.S. President Dwight D. Eisenhower had strongly warned Britain not to invade; he threatened serious damage to the British financial system by selling the US government's pound sterling bonds. Historians conclude the crisis "signified the end of Great Britain's role as one of the world's major powers". The Suez Canal was closed from October 1956 until March 1957. Israel fulfilled some of its objectives, such as attaining freedom of navigation through the Straits of Tiran, which Egypt had blocked to Israeli shipping since 1950. As a result of the conflict, the United Nations created the UNEF