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To: Cboldt
Megaports is one of the buzzwords that stuck with me. As I recall the UAE was the first (or the first Middle Eastern) country to join up for the Megaports initiative.

More here

That would be www.whitehouse.gov, by the way.

If we refuse to let them operate the terminals (9 terminals out of 300 in those east coast ports, BTW) then we still have to deal with them in all of the ports of origin.  And they'll be pissed off.  And they'll have no "enlightened self interest" on the line to make them want to make the cargoes safe.

624 posted on 03/05/2006 2:41:28 PM PST by Phsstpok (There are lies, damned lies, statistics and presentation graphics, in descending order of truth)
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To: Phsstpok
That would be www.whitehouse.gov, by the way.

Yep. More from the same source at ...

WH Fact Sheet: The CFIUS Process And The DP World Transaction - 02/22/06
http://www.freerepublic.com/focus/f-news/1584353/posts

If we refuse to let them operate the terminals then we still have to deal with them in all of the ports of origin. And they'll be pissed off. And they'll have no "enlightened self interest" on the line to make them want to make the cargoes safe.

Sure they will have self interest. Just like COSCO, they'll work all the harder to keep their nose clean. This is strictly business, IMO. They'll be disappointed, sure, but not in a way that is wilfully self-destructive. USA is by far the largest desination for the cargo they are paid to handle.

From a couple weeks ago: http://www.freerepublic.com/focus/f-news/1581542/posts?page=988#988

634 posted on 03/05/2006 2:58:30 PM PST by Cboldt
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