Regarding human rights violations and oil development in Sudan.
Referred to the Subcommittee on International Operations and Human Rights.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Apr 26, 2001
Urges the President to: (1) deny oil companies operating in Sudan the ability to raise capital or trade equities in the U.S. capital markets; (2) expand Executive Order 13067 (economic and trade sanctions on Sudan) by denying capital market opportunities to all publicly traded equities of all oil companies operating in Sudan; and (3) investigate possible violations of Executive Order 13067 by PetroChina in its Initial Public Offering on the New York Stock Exchange in April 2000.Calls upon: (1) all companies operating in Sudan to freeze oil production in Sudan and cease oil exports from Sudan until a peace agreement is reached in Sudan and other specified conditions are met; (2) the international community to boycott oil from Sudan and the foreign companies involved in the production and export of Sudanese oil; (3) companies contemplating entrance into Sudan's oil sector not to do so until a just peace is secured; and (4) U.S. companies and individuals who may have indirectly invested in companies involved in oil development in Sudan to divest their holdings.
Referred to the Subcommittee on International Operations and Human Rights.
Referred to the Subcommittee on Africa.
Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises, for a period to be subsequently determined by the Chairman.
Referred to the Committee on International Relations, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on International Relations, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on International Relations, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced in House
Introduced in House
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