Mr. Speaker, I yield myself such time as I may consume. I rise today to join with the chairman in support of H.R. 180, the Darfur Accountability and Divestment Act. I'm increasingly concerned, I'm outraged in a sense, about the continuing…
Mr. Speaker, I yield myself such time as I may consume.
I rise today to join with the chairman in support of H.R. 180, the Darfur Accountability and Divestment Act.
I'm increasingly concerned, I'm outraged in a sense, about the continuing atrocities in the Darfur region of Sudan. Without question, the horrific actions of the janjaweed militia and the Sudanese Government must immediately end. And the nations of the world must speak in unison against this genocide, and that is what it is, a genocide.
Hundreds of thousands of civilians have been killed, many of them in particularly brutal ways. Another estimated 2 million in Darfur have been displaced refugees, plus hundreds of thousands in Chad. This is a crisis that must be addressed now and must be addressed on each and every front.
Unfortunately, the international community, specifically in the United Nations, the U.N. has consistently failed in efforts to bring peace to this region. U.N. resolutions have lacked the teeth or failed to be implemented, and that is because of the Security Council members such as China and Russia as they continue to stall the progress.
So as the U.N. slowly moves towards a real peacekeeping force, other groups are being forced to pull out because of violence in the region. Thus, recently, OxFam announced in June that they will have to pull out of the largest camp in Darfur, where more than 130,000 people have found shelter; and without a way to protect humanitarian aid flowing into the area, thousands more will face starvation.
That is why I'm pleased we are bringing this important legislation to the floor today, the Darfur Accountability and Divestment Act.
It requires the Secretary of the Treasury to create a list of companies that have a direct investment in or are conducting businesses operations in Sudan's power, mineral, oil or military equipment industries.
It authorizes States and local municipalities to divest based on the Treasury list or other lists to protect them from lawsuits.
It amends the Investment Company Act of 1940 and the Employee Retirement Income Security Act of 1974 to protect mutual funds and pension funds from lawsuits if they choose to divest from companies on the Treasury list.
And finally, fourthly, it prohibits the U.S. Government from entering into or renewing contracts with companies on that list.
I was very pleased, as I say, Mr. Speaker, with the chairman working in a bipartisan manner with myself and Ranking Member Bachus on the committee, and we agreed to make a number of changes to the bill to address some of the concerns made from our side of the aisle. One of the specific changes that was made was calls on countries around the world to take similar steps with regard to the situation.
The section states: ``It is the sense of the Congress that the governments of all other countries should adopt measures, similar to those contained in this act, to publicize the activities of all persons that, through their financial dealings, knowingly or unknowingly enable the Government of Sudan to continue to oppress and commit genocide against people in the Darfur region and other regions of Sudan, and to
authorize divestment from, and the avoidance of further investment in, the persons.''
As the distinguished ranking member of the committee, Mr. Bachus, has noted, ``Economic and financial considerations are important, but in a loving Nation can never be as justification for complicity in genocide. Closing our financial markets to those who participate directly or indirectly in the slaughter of innocent human beings is well within our ability and ought to be a bedrock principle. America is a loving Nation, and allowing our financial markets to be utilized by an evil regime which conducts religious and racial genocide is inconsistent with our values and principles.''
With that, Mr. Speaker, I reserve the balance of my time.
General Leave
Mr. Speaker, I yield such time as she may consume to the gentlewoman from Florida (Ms. Ros-Lehtinen), ranking member of the Foreign Affairs Committee.
Mr. Speaker, I yield myself 30 seconds.
I begin by saying that over the last couple of years there have been multiple genocides that occurred under the U.N.'s watch. There was Bosnia, Rwanda and now Darfur. Each time the U.N. has failed to take appropriate action. Each time it is because of political and economic pressure.
When the current situation arose in Darfur, the best that we could get out of the U.N. and then-Secretary General Kofi Annan was, at the anniversary of Rwanda, simply a statement on the floor of that anniversary and a moment of silence and the pledge this shall never happen again. Unfortunately, it has happened again. That is why we are here today.
Mr. Speaker, I yield 6 minutes to the gentleman and a strong fighter on this issue, the gentleman from Connecticut (Mr. Shays)
Mr. Speaker, I yield 5 minutes to a champion of the fight for human rights, the gentleman from Virginia (Mr. Wolf).
(Mr. WOLF asked and was given permission to revise and extend his remarks.)
Mr. Speaker, just a concluding point, with the need for us to take initial movement on this but also to look for the rest of the world community to become involved.
It was just last year when U.N. Deputy Secretary-General Mark Malloch Brown said with regard to Darfur on this point: ``And yet what can the U.S. do alone in the heart of Africa in a region the size of France? In essence, the U.S. is stymied before it even passes Go. It needs a multilateral means to address the Sudan's concerns.'' I believe that is true, but this is the first step in that direction.
With that, I once again thank the gentlelady from California and the chairman as well for their work together in a bipartisan manner on this legislation
Mr. Speaker, I yield back the balance of my time.