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No Figures Given Regarding U.S. Contribution Toward Canal Reopening

October 26, 1972
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State Department sources denied today that any figure was ever mentioned publicly or privately as to the possible contribution the US might make toward reopening the Suez Canal. The sources were commenting on a Beirut newspaper report yesterday that the US had offered Egypt $100 million to begin clearing the canal.

The Beirut newspaper. An Nahar, quoted President Gaafer al-Nimeiry of Sudan as saying that he was told of the offer by President Anwar Sadat of Egypt when they met last March 15, three months before Sadat ordered most Soviet personnel out of Egypt.

The State Department sources said the US always held the position that were an agreement worked out on the Suez reopening, the US would be prepared to help finance the work.

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