Theimportance of trade has already been stated above in this essay, but anotherpoint worth looking at is the timeless importance for nations to have controlover it.The storiesof/about what people is capable of to have more power/control are numerous throughouthistory like the 1956 Suez crisis and the 1989 Panama invasion. It was 1956/notlong after WWII when the conservative Anthony Eden got elected Prime ministerof the UK and, with France and Israel as allies, tried to occupy Egypt.
The aimof this action was to take/get control over/of the Suez Canal and the removalof Nasser from power with the intention/plan to create a regime less hostile tothe West.ButEisenhower didn’t approve such a drastic action, and when, during the invasion,the UK found itself in need of support, the US refused to back them up andcaused the UK to leave and realize their new position in the world: the empirewas long dead/gone.Therelationship with the US grew stronger as the UK realized that they weren’t thefirst superpower anymore and that advice from the US president needed to betaken seriously. The Suezcrisis is an important milestone as it sets the basis for Colombian (owning thePanama Canal) discontent with the anti-colonial movements taking place aroundthe world. Unlike the Europeans though, the Americans were perfectly able to handle thesituation by themselves, managing to keep control over the Panama Canal until2000, when the US handed it back to Panama because of its interests moving awayfrom security and shifting towards commercial.
Thus leaving China to dawn in one of themost strategic operation the world has ever seen. These twoexamples aimed to prove the importance carried by strategic chokepoints aroundthe globe, as 7.5% of world trade passes through the Suez and with the 9300miles saved by the Panama Canal for ships traveling between the Atlantic andthe Pacific Oceans by not having to route down around the tip of south America.
While theEuropeans created the Suez canal and the American created the Panama canal, itis Climate change that is opening the Northwest passage and the opportunity fornew powers to take control over world trade.