Menendez Hails Final Port Sale

Menendez Hails Final Port Sale

Washington - United States Senator Robert Menendez (D-NJ) released a statement regarding the sale of the Port Newark Container Terminal, the last of several American port facilities transferred to American ownership.

"It was one year ago that I led the opposition to a deal to sell American port facilities to a company controlled and owned by a foreign government. Others joined the call and we ultimately forged an alliance of Democrats and Republicans who staunchly opposed the White House and rejected this deal.

"I believe now, as I did then, that this transaction was not in our nation's security interests. And I was pleased to hear today that the final deal was completed and that the ports have been turned over to an American-owned corporation.

"This was the right thing to do for our nation's security and I was proud to have been an early voice in this debate."

# # #