Contents: PRELIMINARY SUMMARY CHRONOLOGY: IMPOSING SANCTIONS AGAINST SOUTH AFRICA • Table I U.S. Economic Involvement with South Africa • Table II U.S. Direct Investment in South Africa • Table III Foreign Debt of South Africa • Withdrawing from South Africa: Company Profiles • Background paper for the Economic Sanctions Consultation, April 30, 1993 sponsored by the American Friends Service Committee (AFSC), the Campaign for Peace and Democracy, SANE/Freese International, and the War Resisters League. The paper says starting in the mid-l980s, some 200 U.S. companies and 60 British companies ended their equity investment in South Africa; in many cases these companies did maintain some...
Contents: PRELIMINARY SUMMARY CHRONOLOGY: IMPOSING SANCTIONS AGAINST SOUTH AFRICA • Table I U.S. Economic Involvement with South Africa • Table II U.S. Direct Investment in South Africa • Table III Foreign Debt of South Africa • Withdrawing from South Africa: Company Profiles • Background paper for the Economic Sanctions Consultation, April 30, 1993 sponsored by the American Friends Service Committee (AFSC), the Campaign for Peace and Democracy, SANE/Freese International, and the War Resisters League. The paper says starting in the mid-l980s, some 200 U.S. companies and 60 British companies ended their equity investment in South Africa; in many cases these companies did maintain some non-equity ties but the U.S. corporate role in South Africa was greatly reduced. The report mentions Ashland Oil Inc, Barclays Bank, the BOYCOTT BARCLAYS CAMPAIGN in the UK, Eastman-Kodak, General Motors (GM), Mobil Oil, disinvestment, the Rangel Amendment, taxes, Motorola Inc., two-way radios, the South African police, Allied Technologies (Altech), selective purchasing, distribution and licensing agreements, manufacturing facilities, Los Angeles, Mark Fabiani, John Biehl, activists, the American Committee on Africa (ACOA), CSIR (Council on Scientific and Industrial Research), sales, the military, Metro-Dade County, ANC (African National Congress) Chief Albert Luthuli, a boycott of South Africa, the Sharpeville massacre, the UN Security Council, the Second Conference of Independent African States, the General Assembly, the Special Committee Against Apartheid, Resolution 1761, Dr. Martin Luther King Jr., an arms embargo, Resolution 5386, Japan, direct investment. Richard Nixon, NSSM 39, Henry Kissinger, helicopters, strikes, the Black trade union movement, Gerald Ford, Mozambique, Angola, police, demonstrators, the Soweto uprising, U.S. colleges and universities, Jimmy Carter, Rev. Leon Sullivan, the "Sullivan Principles", companies, Steve Biko, the Black Consciousness movement, Resolution 418, strategic products, the National Supplies Procurement Act, Nordic Foreign Ministers, Denmark, Norway, Sweden, Iceland, Finland, the Evans Amendment, the Export-Import Bank, OPEC, Iran, Zimbabwe, Prime Minister P.W. Botha, the IMF (International Monetary Fund), the United Democratic Front (UDF), Bishop Desmond Tutu, Randall Robinson, the Free South Africa Movement (FSAM), Conservative House Republicans, Resolution 558, attacks on neighboring states, the Export Administration Act, Chase Manhattan Bank, a debt repayment standstill, the Rubican speech, President Reagan, EC (European Community), nuclear collaboration, Anglo American Corp., Gavin Relly, Lusaka, Commonwealth Eminent Persons Group, Rev. C.F. Beyers Naude, trade missions, the U.S. Congress, the Comprehensive Anti-Apartheid Act, Edward J. Perkins, IBM (International Business Machines), non-equity business tied, Citibank, F.W. de Klerk, Walter Sisulu, PAC (Pan Africanist Congress), Nelson Mandela, ARMSCOR, missile proliferation, Richard Knight, and Bruce Murray,
