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White House defends sale of port operations to Arab owners
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| Contributor | Servo |
| Last Edited | Servo Feb 17, 2006 07:21pm |
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| Category | News |
| Media | Newspaper - Windsor Hights Herald |
| News Date | Friday, February 17, 2006 01:20:00 AM UTC0:0 |
| Description | The Bush administration on Thursday rebuffed criticism about potential security risks of a $6.8 billion sale that gives a company in the United Arab Emirates control over significant operations at six major American ports.
Lawmakers asked the White House to reconsider its earlier approval of the deal.
The sale to state-owned Dubai Ports World was "rigorously reviewed" by a U.S. committee that considers security threats when foreign companies seek to buy or invest in American industry, National Security Council spokesman Frederick Jones said. |
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