The announcement that the Dubai ports deal was called off included the following:
“Because of the strong relationship between the United Arab Emirates and the United States, and to preserve that relationship, DP World has decided to transfer fully the U.S. operation of P&O Ports North America to a United States entity. . . “
There is, of course, no information about what the “United States entity” is going to be. It could be a corporation registered in the United States, and nothing more. That would be enough to satisfy this commitment, but it tells us nothing about who would own the corporation, who its directors would be, and who would serve as its officers.
