DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd"> PELICANPOST.BLOGSPOT.COM: United Arab Emirates prohibits---by law---U.S. companies & U.S. citizens from majority ownership or control of businesses in the U.A.E.

Tuesday, March 07, 2006

United Arab Emirates prohibits---by law---U.S. companies & U.S. citizens from majority ownership or control of businesses in the U.A.E.

What's wrong with this picture? U.A.E. government-owned Dubai Ports World is seeking control and management of 6 more U.S. seaports of entry---to add to the 16 it already has. Yet the U.A.E. has and enforces discriminatory laws that prohibit U.S. businesses and investors from majority ownership and control of any businesses in their own country.

Add to that the fact that the U.A.E. blatantly discriminates againt Israel, boycotts them from doing any trade with the U.A.E. and any of their government-owned or managed ports world-wide, and refuses to denounce terrorism by Hamas, Hezbollah, Palestinians, Iran and Syria against Israel.

So, wouldn't it follow that the enemy of our friend is our enemy as well? And should we be so foolish as to accept lop-sided deals with countries that demand special treatment for themselves and their government-owned businesses but deny the same to our country?

Another country that controls/manages many U.S. seaports on the West Coast---and at both ends of the Panama Canal, thanks to Jimmy Carter and Bill Clinton---is China. Would someone please identify for me the U.S.-owned, controlled or managed seaports in China?

Read more about this stuck-on-stupid, mother-of-all sell-outs de facto policy of the U.S.---that creates opportunities and potential for nefarious manipulation of U.S. seaports and trade, smuggling, spying, and ever-increasing intrusions into U.S. safety, security and sovereignty---below and at humaneventsonline.
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"UAE Forbids Americans From Controlling Companies"

"Some advocates of the deal that would allow a company controlled by the government of the United Arab Emirates to manage port operations in the United States argue that opponents of the deal are protectionists who want to restrict free trade. Leave aside the question of whether a government-owned company can ever engage in "free trade."

If reciprocity -- i.e., equal treatment under the law -- is any measure of free trade, the U.S. does not have anything remotely approaching free trade with the UAE. The UAE blatantly discriminates against U.S. capitalists and U.S.-controlled corporations.

U.S. citizens are prohibited by law from controlling businesses in the UAE...."

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