bar15. AAM press release on Barclays withdrawal

The AAM hailed Barclays Bank’s withdrawal from South Africa in November 1986 as an important victory in the international sanctions campaign. In this press release it stated that the campaign for Barclays withdrawal was the most sustained action ever undertaken against a major multinational company. But it warned that Barclays would continue to support the apartheid economy by continuing to cooperate with its former banking associate and by helping to restructure South Africa’s international debt. The AAM announced it would move ahead with plans to target other companies still involved in South Africa such as Shell.