Remember Dubai Ports International?

The first-rate Emirates-based firm that, fair and square, tried to buy the operations of several U.S. ports? They were reviled as terrorists, a public outcry followed and then U.S. Congress stuck its nose into the whole business, baselessly condemning the company for no good reason until they were ignominously forced to withdraw from those plans. It was totally unfair to them, they didn’t deserve that kind of treatment, and it sent an incredibly bad message to the rest of the world that the U.S. was flamingly hypocritical. That whole debacle made me ill.

Anyway, this setback hasn’t driven the good company down. Today, Dubai Ports has gotten a new contract to develop Puerto Callao, in Peru, creating a vibrant container terminal where none existed, so that Peru can export its natural gas reserves and anything else would like to export, and get rich doing it. After all, they’ve got a free trade pact with the U.S., they might as well use it!

This port is extremely critical for Peru’s development and will serve as a beachhead from which Peru can challenge the energy export supremacy of Venezuelan dictator Hugo Chavez and his little Bolivian minime, Evo Morales. From this new port, tons of new energy will flow to the U.S.’s, Mexico’s and Asia’s markets, adding to world supply, driving down the prices, and in the end doing its part to put these dictators out of business.

Thank you, Dubai Ports International.