U.S. President George W. Bush signed a law on Monday to allow states and local governments to cut investment ties with Sudan because of the violence in Darfur.
"I share the deep concern of the Congress over the continued violence in Darfur perpetrated by the government of Sudan and rebel groups," Bush said in a statement released as he prepared to ring in 2008 on his Texas ranch.
"My administration will continue its efforts to bring about significant improvements in the conditions in Sudan through sanctions against the government of Sudan and high-level diplomatic engagement and by supporting the deployment of peacekeepers in Darfur," said Bush.
The Sudan Accountability and Divestment Act of 2007 encourages but does not require U.S. state and local governments, as well as private investors, to divest from companies that do business in Sudan.
Source: Xinhua
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