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dated September 29, 1956: Nehru, King Saud hopeful

It is possible to reach a negotiated settlement in the Suez Canal dispute between the parties concerned without in any way affecting the sovereignty and authority of Egypt and at the same time maintaining the interests of other countries in the unrestricted use of the Suez Canal as an open waterway. This confidence has been expressed in a joint statement by King Saud of Saudi Arabia and Prime Minister Nehru, issued at the conclusion of the latter's four-day visit to Saudi Arabia on September 28. King Saud and Mr.Nehru expressed the hope that there would be no recourse to political and economic pressure in dealing with the Suez Canal problem, "as such pressure would only retard a peaceful settlement of the issue, apart from having other undesirable and far-reaching consequences."

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