US Ports Back Free Trade
The American Association of Port Authorities has urged the US Congress to only pass legislation which enhances port security while also promoting international trade and investment. In the wake of a Congressional backlash to the recent takeover of P& O Ports by Dubai Ports World, the body which represents Americas public seaports warned against punishing international businesses which operate marine terminals domestically and overseas. Pointing to the crucial role played by ports in Americas economy, the AAPA expressed concern about recent proposals that could lead to severe economic and trade consequences.
The American Association of Port Authorities has urged the US Congress to only pass legislation which enhances port security while also promoting international trade and investment. In the wake of a Congressional backlash to the recent takeover of P& O Ports by Dubai Ports World, the body which represents Americas public seaports warned against punishing international businesses which operate marine terminals domestically and overseas. Pointing to the crucial role played by ports in Americas economy, the AAPA expressed concern about recent proposals that could lead to severe economic and trade consequences.
