From 29 July to 2 August 1956, tripartite talks are held in London to establish a common position on the nationalisation of the Suez Canal Company. At the first session on 29 July, the Americans, British and French agree on the need for a conference at which the countries with an interest in the canal can give their views on the matter. But on most of the major points for discussion there is disagreement between the United States and the European countries, particularly on questions regarding responsibility, the economic sanctions that should be imposed on Egypt and the preparation of potential military action.