News
By Grace Chen
|
September 20, 2001
Student Council voted unanimously Tuesday in support of a resolution stating continued support for the divestment of University stocks in Unocal, a California-based energy company conducting business in Burma.
Burma, a small country in Southeast Asia, has been ruled by a military regime whose officials are known for raping, torturing, executing and enslaving its citizens.
The resolution states that because "Unocal does not share the same values as the University of Virginia students, faculty, and administrators, [U.Va.] should not finance and profit from rape, torture, and murder and should conduct all business according to its core values."
Andrew Price, president of the University's branch of the international Free Burma Coalition, said he hopes the University will sell off its stock in Unocal because of the country's involvement in unethical practices.
Questions regarding the University's associations with Burma began circulating on Grounds last March, when Council passed a similar resolution calling on the University to divest its funds in the country.
Council members could not, however, get the resolution placed on the agenda of the Board of Visitors' April meeting.
