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The Action Violates International Law and Policy

Published online by Cambridge University Press:  27 February 2017

George N. Barrie
George N. Barrie*
Affiliation:
Rand Afrikaans University, Johannesburg
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Extract

It was with great surprise and some disappointment that I took note in the July 1987 issue of the American Journal of International Law of the decision by the American Society of International Law to divest its investment portfolio of stocks in all corporations with direct investments in South Africa. Despite the sentiments that may have motivated this decision, many of which are reflected in the Note of Henry J. Richardson III, there were no doubt many arguments voiced to the contrary at the meeting of the Society when the matter was discussed.

Type
Agora: Is the Asil Policy on Divestment in Violation of International Law? Further Observations
Information
American Journal of International Law , Volume 82 , Issue 2 , April 1988 , pp. 311 - 314
Copyright
Copyright © American Society of International Law 1988

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References

1 Richardson, , Divestment of the Stock Portfolio of the Society, 81 AJIL 744 (1987)Google Scholar.

2 GA Res. 2131, 20 UN GAOR Supp. (No. 14) at 11, UN Doc. A/6014 (1965).

3 GA Res. 2625, 25 UN GAOR Supp. (No. 28) at 121, UN Doc. A/8028 (1970).

4 GA Res. 3171, 28 UN GAOR Supp. (No. 30) at 3, UN Doc. A/9030 (1973).

5 Joyner, , The Transnational Boycott as Economic Coercion in International Law: Policy, Place, and Practice, 17 Vand. J. Int’l L. 205, 251 (1984)Google Scholar.

6 See note 2 supra.

7 Brosche, , The Arab Oil Embargo and United States Pressure Against Chile: Economic and Political Coercion and the Charter of the United Nations, 7 Case W. Res. J. Int’l L. 3, 32 (1974)Google Scholar.

8 Higgins, R., The Development of International Law Through the Political Organs of the United Nations 176 (1963)Google Scholar.

9 Farer, , Political and Economic Coercion in Contemporary International Law, 79 AJIL 405 (1985)CrossRefGoogle Scholar.

10 Brierly, J., The Law of Nations 402 (6th ed. 1963)Google Scholar; 1 Oppenheim, L., International Law: A Treatise 305 (Lauterpacht, H. 8th ed. 1955)Google Scholar; 5 Whiteman, M., Digest of International Law 452 (1965)Google Scholar; Fenwick, , Intervention: Individual and Collective, 39 AJIL 645 (1945)CrossRefGoogle Scholar; Burke, , The Legal Regulation of Minor International Coercion: A Framework for Inquiry, in Essays on Intervention 87 (Stanger, R. ed. 1964)Google Scholar; Joyner, supra note 5, at 205, 230.

11 Joyner, supra note 5, at 233.

12 Thomas, A. & Thomas, A. J. Jr., The Concept of Aggression in International Law 90–91 (1972)Google Scholar, quoted in Farer, supra note 9, at 411.

13 Farer, supra note 9, at 411.

14 See Muir, , The Boycott in International Law, 9 J. Int’l L. & Econ. 187 (1974)Google Scholar; Bowett, , International Law and Coercion, 16 Va. J. Int’l L. 245 (1976)Google Scholar; Nawaz, , Limits of Self-Defence: Legitimacy of Use of Force against Economic Strangulation?, 16 Indian J. Int’l L. 252 (1976)Google Scholar; Rubenfeld, , Legal and Tax Implications of Participation in International Boycotts, 32 Tax L. Rev. 613 (1977)Google Scholar; Parry, , Defining Economic Coercion in International Law, 12 Tex. Int’l L.J. 1 (1977)Google Scholar; Blum, , Economic Boycotts in International Law, id. at 5 Google Scholar; Lillich, , The Status of Economic Coercion in International Law: United Nations Norms, id. at 17 Google Scholar; Paust & Blaustein, , The Arab Oil Weapon—A Threat to International Peace, 68 AJIL 410 (1974)CrossRefGoogle Scholar; Shihata, , Destination Embargo of Arab Oil: Its Legality Under International Law, in Economic Coercion and the New International Economic Order 153 (Lillich, R. ed. 1976)Google Scholar; Buchheit, , The Use of Non-Violent Coercion, in id. at 39 Google Scholar; Bilder, , Comments on the Legality of the Arab Oil Boycott, 12 Tex. Int’l L.J. 41 (1977)Google Scholar.