Hearing on H.R. 1580, to Prohibit Investments In, and Certain Other Activities with Respect to South Africa, and for Other Purposes, Volume 4

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Página 119 - States or to fulfill its declared international obligations; and (C) to restrict the export of goods where necessary to protect the domestic economy from the excessive drain of scarce materials and to reduce the serious inflationary impact of foreign demand.
Página 119 - Secretary shall monitor exports, and contracts for exports, of any good (other than a commodity which is subject to the reporting requirements of section 812 of the Agricultural Act of 1970) when the volume of such exports in relation to domestic supply contributes, or may contribute, to an increase in domestic prices or a domestic shortage, and such price increase or shortage has, or may have, a serious adverse impact on the economy or any sector thereof.
Página 10 - During fiscal year 1985, no funds available to the Central Intelligence Agency, the Department of Defense, or any other agency or entity of the United States involved in intelligence activities may be obligated or expended for the purpose or which would have the effect of supporting, directly or indirectly, military or paramilitary operations in Nicaragua by any nation, group, organization, movement, or individual.
Página 55 - Senate a report on the extent to which the United States is dependent on the importation from South Africa of— (1) chromium, (2) cobalt, (3) manganese, (4) platinum group metals, (5) ferroalloys, and (6) other strategic and critical materials (within the meaning of the Strategic and Critical Materials Stock Piling Act).
Página 10 - No agency or entity of the United States may engage in any form of cooperation, direct or indirect, with the armed forces of the Government of South Africa, except activities which are reasonably designed to facilitate the collection of necessary intelligence.
Página 61 - Nixon establishes as a continuing national policy the "need to foster and encourage private enterprise in (1) the development of economically sound and stable domestic mining, minerals, metals and mineral reclamation industries; (2) the orderly and economic development of domestic mineral resources, reserves, and reclamation of metals and minerals to help assure satisfaction of industrial...
Página 84 - Policy the board criticizes the entire existing system for materials decision-making as "so biased in favor of production and consumption that one can hardly overstress the need for temperance and foresight in monitoring and controlling...
Página 89 - ... the event of an embargo, but not for platinum and rhodium (two other platinum-group metals). The report also states that cobalt supplies would remain available with the use of alternative routes for transporting cobalt from Zaire, the US principal supplier. Cobalt from Zaire and Zambia is presently shipped via South African rail to South African ports for export. The report estimates the 5-year cumulative direct economic cost of a US embargo on South Africa for the six minerals at $9.25 billion,...
Página 52 - America's view of apartheid has been, and remains, clear. Apartheid is morally wrong and politically unacceptable. The United States cannot maintain cordial relations with a government whose power rests upon the denial of rights to a majority of its people based on race. If South Africa wishes to belong to the family of Western nations, an end to apartheid is a precondition.
Página 44 - We have also been asked to insert the statement of Mr. James L. Woods, Deputy Assistant Secretary of Defense for...

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