US embassy cable - 03ABUDHABI1340

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STRATEGIC DIALOGUE FOLLOW-UP: OPIC COVERAGE

null
Diana T Fritz  05/24/2007 04:50:33 PM  From  DB/Inbox:  Search Results

Cable 
Text:                                                                      
                                                                           
      
UNCLASSIFIED

SIPDIS
TELEGRAM                                           March 19, 2003


To:       No Action Addressee                                    

Action:   Unknown                                                

From:     AMEMBASSY ABU DHABI (ABU DHABI 1340 - ROUTINE)         

TAGS:     ELAB, EINV, PREL, PHUM, PGOV                           

Captions: None                                                   

Subject:  STRATEGIC DIALOGUE FOLLOW-UP: OPIC COVERAGE            

Ref:      None                                                   
_________________________________________________________________
UNCLAS        ABU DHABI 01340

SIPDIS
CXABU:
    ACTION: ECON 
    INFO:   AMB DCM POL P/M 
Laser1:
    INFO:   FCS 

DISSEMINATION: ECON
CHARGE: PROG

APPROVED: AMB: MMWAHBA
DRAFTED: ECON: GARANA
CLEARED: DCM:RRALBRIGHT, ECON: TEWILLIAMS

VZCZCADI313
RR RUEHC RUCPDOC RUEHZM RUEHTU
DE RUEHAD #1340 0781242
ZNR UUUUU ZZH
R 191242Z MAR 03
FM AMEMBASSY ABU DHABI
TO RUEHC/SECSTATE WASHDC 8951
RUCPDOC/USDOC WASHDC
RUEHZM/GCC COLLECTIVE
RUEHTU/AMEMBASSY TUNIS 0489

UNCLAS ABU DHABI 001340 
 
SIPDIS 
 
SENSITIVE 
 
STATE FOR NEA/ARP, NEA/RA, DRL AND EB/CBA 
STATE PASS OPIC/OPIC INTERNATIONAL POLICY DEPARTMENT 
FOR VIRGINIA GREEN AND HARVEY HAMBURG 
AMEMBASSY TUNIS HOLD FOR FSI: OLIVER JOHN 
USDOC FOR 4530/ITA/MAC/ONE/DGUGLIELMI, 
4520/ITA/MAC/ONE/CLOUSTAUNAU, 
4500/ITA/MAC/DAS/WILLIAMSON, 
3131/CS/OIO/ANESA 
 
E.O. 12958: N/A 
TAGS: ELAB, EINV, PREL, PHUM, PGOV, TC 
SUBJECT:  STRATEGIC DIALOGUE FOLLOW-UP: OPIC COVERAGE 
 
REF: A) ABU DHABI 941, B) ABU DHABI 1090 
 
1. (SBU) In a meeting with Finance Minstate Dr. 
Muhammad Khalfan bin Khirbash (the de facto Finance 
Minister) on March 18, the Ambassador followed-up on 
the issue of OPIC coverage for the UAE, first raised 
by the UAEG last Fall in the context of the bilateral 
Strategic Dialogue meetings in Washington.  The 
Ambassador noted that a number of U.S. companies have 
expressed interest in seeing OPIC coverage extended to 
the UAE.  Dr. Khirbash said the UAEG is still very 
interested in securing OPIC coverage, particularly as 
it might help attract additional U.S. foreign direct 
investment (FDI). 
 
2.  (SBU) The Ambassador said the Labor Ministry's 
recent drafting of a proposal to more formally 
recognize workers rights (see reftels) is a positive 
development.  Having these draft rules promulgated 
might prove helpful in making the argument for a 
return of OPIC coverage.  Dr. Khirbash agreed and said 
he would contact the Labor Minister and push for rapid 
approval of the proposed regulations. 
 
3.  (SBU)  Comment:  Having Dr. Khirbash weigh in may 
help speed up the usually rather lengthy approval 
process for regulations. 
 
WAHBA 

Author: Radek "Mrkva" Pilar, Twitter, Mail/XMPP: mrkva twistedThing mrkva.eu

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