Wave of divestments over Western Sahara 27.06 - 2016 In recent months, several investment firms have relinquished their interests in companies that are involved in the natural resource exploitation of occupied Western Sahara. Here are 21 of them.
Total officially states it has left Western Sahara 21.06 - 2016 "The contract was not extended in December 2015", company writes on website. It has also confirmed that it has "no plans" to return to the territory, which lies in the part of Western Sahara under Moroccan occupation.
Morocco occupies the major part of its neighbouring country, Western Sahara. Entering into business deals with Moroccan companies or authorities in the occupied territories gives an impression of political legitimacy to the occupation. It also gives job opportunities to Moroccan settlers and income to the Moroccan government. Western Sahara Resource Watch demands foreign companies leave Western Sahara until a solution to the conflict is found.
Big oil’s interest in occupied Western Sahara has taken a dramatic turn for the worse. Some companies are now drilling, in complete disregard of international law and the Saharawi people’s rights. Here’s what you need to know.