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The Port Deal


The latest deal of DP World, (A UAE based maritime company) was a $6.85-billion acquisition of a British firm. The announcement of DP World’s bid for the London-based P & O (Peninsular and Oriental Steam Navigation Company), the world's fourth largest port operator, was made in November 2005, and the news was widely reported in the press and international financial trade publications.

Dubai Ports World, at the center of a furious controversy over port security announced later that it will sell off its U.S. operations to an American owner.

The decision by Dubai Ports World to abandon its effort to take over terminal operations from all U.S. seaports was a victory for the numerous politicians who have thundered in recent days that foreign companies have no business handling U.S. port operations.

The greatest security concern is the estimated 9 million cargo (9.6 million in 2004) containers come through 361 American ports annually, an average of 26,000 a day.  only a small percentage are physically searched or screened. In many ports from which U.S. bound cargo originates, there is little security oversight, which makes it possible to fill a container with people or weapons intended to harm the United States.

Public opinion appears to be strongly against allowing an Arab company to manage some port terminals in the United States, Democrats are hammering Republicans on the issue, and the White House has been unable to provide much political cover to its allies on Capitol Hill. The House committee’s vote (a vote of 62-2) was a reaction to what members said was broad opposition to the deal by constituents.

Critics have argued that the deal raises concerns because DP World, a UAE maritime company is owned by the United Arab Emirates, a nation that has had questionable ties to terrorists in the past.

Bush's former counter-terrorism chief Wayne Downing was quoted on MSNBC in September 2003 as noting how Sheikh Mohammed bin Rashid al Maktum, the UAE defense minister and crown prince of Dubai, was among a number of wealthy and influential Gulf Arabs who visited Osama bin Laden in Afghanistan for horseback riding and hunting parties.

UAE was one of the few countries in the world that recognized the al-Qaida-friendly Taliban government in Afghanistan; al-Qaida funneled millions of dollars through the U.A.E financial sector; and Abdul Qadar  Khan, a Pakistani nuclear technology smuggler, used warehouses near the Dubai port as a key transit point for many of his shipments.

According to the 9/11 Commission report that two of the al Qaeda hijackers involved in the September 11, 2001 attack, were from the UAE, and money to fund the plot was passed through banks in UAE, a money-laundering haven in the Persian Gulf.


View Here:10 Smart Reasons to STOP Port Deal!
 

UAE Port Deal Brings to Light Other Horrors!
View More at: The storm over port deal; the Horror Factsl

 

             No Free Trade Pacts Without Reform !

The United States and the European Union should not sign free trade deals with the UAE until it ends its mistreatment of foreign workers.

One of the world’s largest construction booms is feeding off of workers in Dubai, but they’re treated as less than human. It’s no surprise that some workers have started rioting in protest. What’s surprising is that the government of the UAE is doing nothing to solve the problem.
       Middle East and North Africa director at Human Rights Watch (HRW)
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