Discuss: UAE to buy British port assests in America
Monday, February 20th, 2006This hasn’t been discussed on this blog so I thought I would bring it up.
Executives at Dubai Ports World are intensifying a public relations effort this week as lawmakers ratchet up protests against the Bush administration over allowing the United Arab Emirates-owned firm to run six U.S. ports.
The government in Dubai will lobby port officials along the East Coast, and DP World’s chief operating officer — American shipping executive Edward H. Bilkey — is expected to travel to Washington this week for meetings on Capitol Hill and elsewhere.
Michael Seymour, president of the North American arm of Peninsular and Oriental Steam Navigation (P&O), the company DP World wishes to buy in order to run the six ports, said in a statement that the London-based P&O “is itself a foreign-owned terminal operator that has long worked with U.S. government officials in charge of security at the ports to meet all U.S. government standards, as do other foreign companies that currently operate ports in the United States.”
So where do consevatives stand on this? Do we oppose this propsed sale because the government of Dubai might use this company to allow terrorists into our country? Do we applaud the sale because it is an expression of capitalism in the Middle East that will lead to more freedom for the people there? How secure will our ports be if this deal goes through? Is this deal bad politics simply because it gives the Chuck Schumers of the world ammo to attack the GOP?