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Sovereign Wealth Funds Briefing - Categorized | Investment, Market, People

Norway companies ‘readying for Burma’: FM

Posted on 26 January 2012

Throughout the years in which it supported the pro-democracy movement, Norway came under fire from campaigners who alleged that its state-owned investment body, the Norwegian Pension Fund, held shares in energy companies operating in Burma, including Total and Chevron, and had invested up to $US5 billion in the country’s oil and gas sectors.
Foreign Minister Jonas Gahr Støre said that Norwegian officials would soon hold a roundtable on responsible investment in the country………………………………………..Full Article: Source


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