Randall Robinson; TransAfrica
Washington, DC, United States
June 20, 1983
1 page
Memorandum to Support Committee Presidents and Action Alert Coordinators. The memorandum explains that the bill originally introduced by Rep. Julian Dixon (D-CA, Chairman of the Congressional Black Caucus) to partly prohibit U.S. support for International Monetary Fund (IMF) loans to South Africa has been superseded by another provision known as the Lowry-Patterson amendment. Rep. William Gray III (D-Pa.) has introduced the South African Investment Prohibition Act (HR 1392). This bill goes further than the Solarz bill (HR 1693) in that it totally precludes any new investment in South Africa. It also disallows any U.S. bank loans to the public or private sector in South Africa, whereas the...
Memorandum to Support Committee Presidents and Action Alert Coordinators. The memorandum explains that the bill originally introduced by Rep. Julian Dixon (D-CA, Chairman of the Congressional Black Caucus) to partly prohibit U.S. support for International Monetary Fund (IMF) loans to South Africa has been superseded by another provision known as the Lowry-Patterson amendment. Rep. William Gray III (D-Pa.) has introduced the South African Investment Prohibition Act (HR 1392). This bill goes further than the Solarz bill (HR 1693) in that it totally precludes any new investment in South Africa. It also disallows any U.S. bank loans to the public or private sector in South Africa, whereas the Solarz bill directed itself only to loans to the public sector.
English
text/pdf
Digitized by Columbia College Archives & Special Collections.
Used by permission of TransAfrica.
