THE attempt by a group of US Congressman to block the takeover of six US ports by an Arab company is wrong. In vowing that he will veto any legislation that stops this purely commercial transaction, President Bush is showing wisdom . . .
Unfortunately, this is bigoted nonsense that once again raises the deeply objectionable notion that all Muslims are terrorists. Leaving aside the fact that any attempt to stop the free movement of investment capital would probably run afoul of WTO rules, this reaction to the takeover is not only irrational but also lacks sense. Sen. Frist and his colleagues seem oblivious to the fact that British legislators have voiced no such objection to the fact that some UK ports will also be owned and run by DPW. Nor have there been any protests from authorities in China, Hong Kong, South Korea, India, Australia, Germany, Venezuela and the Dominican Republic — all countries in which DPW operates.
Thursday, February 23, 2006
Arab News editorial favors port deal
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