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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Sahrawi Commission Hails Norway Divestment

Posted on 04 July 2016

The Western Sahara Petroleum and Minerals Commission welcomes the decision of Norway’s Sovereign Wealth Fund to withdraw its investments in companies Cairn Energy of the UK and Kosmos Energy of the US for their involvement in the looting the wealth of through illegal and unethical investment operations in the occupied part of Western Sahara.
According to a news release of the Commission, “Western Sahara Petroleum and Minerals Commission honors the moral and courageous position that the Sovereign Wealth Fund of Norway taken to halt investment in the occupied territories of Western Sahara in accordance with international law and in line with the ethical standards of the Sovereign Wealth Fund of Norway………………………………………..Full Article: Source


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