Dubai Ports World Abandons US Port Takeover Under Congressional Pressure
On March 9, 2006, Dubai Ports World (DPW) announced it would abandon its controversial plan to control US port operations, marking a pivotal moment in the Bush presidency’s foreign investment strategy. The decision came after the House Appropriations Committee voted 62-2 to block the $6.8 …
Dubai Ports World
House Appropriations Committee
Charles Schumer
Dennis Hastert
Bill Frist
+4 more
corporate-defeat
congressional-oversight
foreign-investment
national-security
port-security
+1 more
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