by CIO Staff

Senator: U.S. ‘Entity’ Will Manage DP World’s Port Operations

Mar 09, 20062 mins

On Thursday, Sen. John Warner (R-Va.) said Dubai Ports World, the United Arab Emirates-based company that would’ve assumed control of UK-based P&O’s port operations under the controversial deal between the two companies, has agreed to allow an American “entity” to manage the ports in the U.S., CNN reports.

Warner read a statement from Dubai Ports World to the Senate on Thursday, and said the company’s reason for the announcement was “to preserve” the relationship between the UAE and the U.S., according to CNN.

Six Congressional leaders reputedly informed the President on Thursday that the deal to assume operations of the U.S. ports seemed to be defunct on Capital Hill, CNN reports.

The President has repeatedly said that he’d veto any measure attempting to block the deal. 

Speaker of the House Dennis Hastert (R-Ill.) and Senate Majority Leader Bill Frist (R-Tenn.) told President Bush about the Dubai Ports World announcement in a meeting at the White House on Thursday, CNN reports.  The two Congressmen also told the President that they planned to pass measures to block the deal by veto-proof majorities, according to CNN.

For additional related news coverage, read CIO sister publication, CSO’s Dubai Deal Complete, U.S. Ports Held Separately, House Committee Votes to Block Dubai Deal, Dubai Deal Ok’d by British Appeals Court and Dubai Deal Ok’d by London High Court.

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