http://www.agrinewspubs.com/Main.asp?SectionID=1&SubSectionID=207&ArticleID=9843Ports uproar points out more serious problemsLast Updated: 3/9/2006 12:01:00 AM
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Across the aisles of the U.S. House and Senate, lawmakers have called for further investigation of a deal that would allow a state-owned company in the United Arab Emirates called Dubai Ports World to manage operations at major U.S. seaports from Newark, New Jersey down the East Coast to the port of New Orleans and including Miami, Florida.
The ports involved are New York, Newark, Baltimore, New Orleans, Miami and Philadelphia. President George W. Bush threatened to veto any legislation to stop the deal, insisting that the deal was investigated and approved by the closed-door Committee on Foreign Investment in the United States.
The administration insisted the nomination of Dubai Ports World executive David Sanborn by Bush in January to become the administrator of the Maritime Administration in the U.S. Department of Transportation was not connected to the DPW deal.
Nor, the administration said, was a $100 million donation made by the U.A.E. in September to Hurricane Katrina relief efforts. The donation was made less than a month before the U.A.E. approached the administration about the DPW deal.
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Fool me once... Fool me...how does it go?
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