Publisher's Synopsis
Excerpt from Anti-Apartheid Act Amendments of 1988 (H. R. 1580): Hearing Before the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One-Hundredth Congress, Second Session on H. R. 1580, a Bill to Prohibit Investments in and Certain Other Activities With Respect To, South Africa
Today the committee holds hearings on hr. 1580, The Anti Apartheid Act Amendments of which is designed to strengthen the existing economic and political sanctions imposed under the 1986 law and thus further pressure the South African Government.
As it has in the past, the administration continues to object to sanctions on South Africa. We hear much rhetoric about the ad ministration's policy of constructive engagement with South Africa, but ask any South African black if things have changed. For this reason, legislation remains crucial.
Hr. 1580, introduced by our colleague from California, Ronald Dellums, and reported by the Foreign Affairs Committee on May 20, enacts six new sanctions against South Africa. No of these are of particular concern to the Banking Committee: the ban on all us. Investment in South Africa and the ban on most imports.
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