Oppositon to Dubai Port World take over if a relatively FEW container terminals is RIDICULOUS! This "Israeli boycott issue" is another red-herring; here's why, FROM TODAY'S JPOST:
The Arab boycott, established by the Arab League in 1951 as an economic tool to hurt Israel, is a dying animal. Ask Aramex.THUS WE PROVE THAT YET ANOTHER LINE-OF-ATTACK AGAINST THE DUBAI PORTS DEAL IS TOTALLY BOGUS.
The company, which provides delivery services around the world, is commonly used by Arab and Israeli companies who want to exchange goods without upsetting any Arab port officials. The company provides customers with US mailing addresses where Israeli products can be sent. It then exchanges the Israeli postalstamped packaging for a US-stamped package and sends it on to its Arab destination.
So while some Arab ports will not accept goods marked "Made in Israel," if you take off the sticker and send it through another country, the deal is done.
"Besides Syria, the Arab boycott is now just lip service," said Doron Peskin, head of research at InfoProd, a consulting firm for foreign and Israeli companies specializing in trade to Arab states. ... Today, however, even the most hardline Arab countries are officially dropping the official primary level of the boycott to join trade organizations and agreements.
The most significant "fall" was of Saudi Arabia, which agreed last September to drop the primary boycott of Israel to join the WTO. ... Various historical events weakened the boycott further. Egypt made peace with Israel in 1978. In 1991, Kuwait agreed to rescind its secondary and tertiary boycotts after the US freed it from Iraqi occupation. ... In 1996 the OAB stopped convening.
Today, trade between the Jewish state and the Arab world remains "undercover," but goes on regularly. (The products cannot be identified as Israeli or they may end up back on the ship.).
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