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Arab royals profit from U.S. power project
WND ^ | Sept. 19, 2012 | Steve Peacock

Posted on 09/19/2012 4:22:06 PM PDT by Steve Peacock

Although the Obama administration claims U.S.-funded power infrastructure projects in the nation of Georgia will boost energy security and stability in the former Soviet republic, WND has uncovered corollary beneficiaries of this foreign assistance: Arab royals.

Promoting the development of the Poti Free Industrial Zone, or Poti FIZ, on the Black Sea coast is a driving force behind the Georgia Improved Transmission, or GIPT, project, according to several procurement documents that WND found during routine database research...

However, the agency is not advertising the fact that one of the United Arab Emirates monarchies manages the zone. Indeed, Poti FIZ is an investment project of the Ras al-Khaimah Investment Authority, also known as RAKIA.

(Excerpt) Read more at wnd.com ...


TOPICS: Foreign Affairs; Government; News/Current Events; Russia
KEYWORDS: arab; foreignaid; obama

1 posted on 09/19/2012 4:22:15 PM PDT by Steve Peacock
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To: Steve Peacock

Georgia, George Soros’ Rose Revolution.


2 posted on 09/19/2012 6:30:19 PM PDT by Irenic (The pencil sharpener and Elmer's glue is put away-- we've lost the red wheel barrow)
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