Activities of transnational corporations in South Africa.

Urges the South African regime to incorporate compensatory mechanisms in land reforms in order to make the eradication of apartheid lasting and equitable; calls on all transnational corporations to stop immediately any operations in South Africa and all forms of trade and economic links with the racist minority regime; calls on all multilateral financial and development institutions to cease immediately any kind of support or other form of collaboration with the racist regime of South Africa; requests the Secretary-General: (a) in close cooperation with relevant organs of the UN, to collect and disseminate information on the activities of transnational corporations in South Africa, including the list of transnational corporations still conducting operations there; (b) to prepare studies on the level and form of operation by transnational corporations in South Africa, including their non-equity business arrangements and their involvement in particular sectors of the South African economy, and to prepare an updated study on the responsibilities of home countries with respect to the transnational corporations operating in South Africa in violation of relevant resolutions and decisions of the UN; (c) to examine possible contributions of transnational corporations to the construction of a non-racial democratic South Africa in the economic and social fields, taking into account the special need to train black South African entrepreneurs; (d) to report to the on the implementation of the resolution.

Adopted 30-9-10, 31st meeting

Adopted at the 31st plenary meeting, 26 July 1991.
In: Resolutions and decisions adopted by the Economic and Social Council at its 2nd regular session of 1991, Geneva, 3-26 July 1991. - E/1991/INF/10. - 30 Aug. 1991. - p. 18-19. - Issued in ESCOR, 1991, Suppl. no. 1 and 1a.