Suez Canal incentives offered for Asian exports International Herald Tribune | December 29, 2007| | . Provided by ProQuest LLC. (Hide copyright information) Copyright

Bloomberg News
International Herald Tribune
12-29-2007
Suez Canal incentives offered for Asian exports
Byline: Bloomberg News
Edition: 1
Section: FINANCE/BUSINESS

CAIRO --

Egypt, seeking to profit from growing Asian exports to the United States, plans to provide incentives for ships to use the Suez Canal instead of sending goods to West Coast ports or through the Panama Canal.

"We want to lure more containers into using the U.S. East Coast ports via Suez," Admiral Ahmed Fadel, the chairman of the Suez Canal Authority, said earlier this month. "We will give service with competitive and lower ...

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