    [Public Papers of the Presidents of the United States: George W. Bush (2006, Book I)]
    [February 21, 2006]
    [Pages 313-314]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Remarks on Dubai Ports World
    February 21, 2006

        I've just come back from a really good trip to the Midwest and the
    West talking about our need to change how we use energy--very encouraged
    by the technology that I saw and inspired by the scientists and
    engineers that are working on these new technologies.
        And I also want to address another issue I just talked to the press
    about on Air Force One, and that is this issue of a company out of the
    UAE purchasing the right to manage some ports in the United States from
    a British company. First of all, this is a private transaction. But it--
    according to law, the Government is required to make sure this
    transaction does not, in any way, jeopardize the security of the
    country. And so people responsible in our Government have reviewed this
    transaction.
        The transaction should go forward, in my judgment. If there was any
    chance that this transaction would jeopardize the security of the United
    States, it would not go forward. The company has been cooperative with
    the United States Government. The company will not manage port security.
    The security of our ports will be--continue to be managed by the Coast
    Guard and Customs. The company is from a country that has been
    cooperative in the war on terror, been an ally in the war on terror. The
    company operates ports in different countries around the world, ports
    from which cargo has been sent to the United States on a regular basis.
        I think it sends a terrible signal to friends around the world that
    it's okay for a company from one country to manage the port but not a
    country that plays by the rules and has got a good track record from
    another part of the world, can't manage the port.
        And so, look, I can understand why some in Congress have raised
    questions about whether or not our country will be less secure as a
    result of this transaction. But they need to know that our Government
    has looked at this issue and looked at it carefully. Again, I repeat, if
    there was any question as to whether or not this country would be less
    safe as a result of the transaction, it wouldn't go forward. But I also
    want to repeat something again, and that is, this is a company that has
    played by the rules, that has been cooperative with the United States, a
    country that's an ally in the war on terror, and it would send a
    terrible signal to friends and allies not to let this transaction go
    through.

    [[Page 314]]

        I want to thank you for your interest in the subject.

    Note: The President spoke at 3:50 p.m. on the South Lawn at the White
    House.