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Coast Guard Denies Port Security Fears
The U.S. Coast Guard in denying a wave of media reports claiming it concluded that having Dubai Ports World run several dozen shipping terminals at U.S. ports poses a national security risk. "What is being quoted is an excerpt of a broader Coast Guard intelligence analysis that was performed early on as part of its due diligence process," said Coast Guard Commander Jeff Carter, in a press release issued late Monday. "The excerpts made public earlier today, when taken out of context, do not reflect the full, classified analysis performed by the Coast Guard. That analysis concludes ‘that DP World's acquisition of P&O, in and of itself, does not pose a significant threat to U.S. assets in [continental United States] ports.’ "Upon subsequent and further review," the spokesman said, "the Coast Guard and the entire CFIUS panel believed that this transaction, when taking into account strong security assurances by DP World, does not compromise U.S. security." Editor's note:
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