Action Alert requests support for four amendments about South Africa introduced in the House of Representatives. One would amend the IMF Authorization Bill to instruct the U.S. Executive Director to the International Monetary Fund (IMF) to vote against any loans to South Africa. Other amendments, to the Export Administration Action, would: (1) ban all future corporate investment in South Africa (introduced by Congressman Bill Gray); (2). restore controls on exports to the South African military and police that were lifted by President Reagan (introduced by Congressman Howard Berman); and (3) prohibit Krugerrand sales in the U.S., ban commercial bank loans to South Africa, and require companies...
Action Alert requests support for four amendments about South Africa introduced in the House of Representatives. One would amend the IMF Authorization Bill to instruct the U.S. Executive Director to the International Monetary Fund (IMF) to vote against any loans to South Africa. Other amendments, to the Export Administration Action, would: (1) ban all future corporate investment in South Africa (introduced by Congressman Bill Gray); (2). restore controls on exports to the South African military and police that were lifted by President Reagan (introduced by Congressman Howard Berman); and (3) prohibit Krugerrand sales in the U.S., ban commercial bank loans to South Africa, and require companies operating in South Africa to abide by the Sullivan Principles (introduced by Stephen Solarz).
