A Luxembourg government fund has excluded six companies from its portfolios due to "association to illegal exploitation of natural resources (Western Sahara)".
On 15 November 2014, the Fonds de Compensation commun au régime général de pension (FDC), published the list of 61 companies that it has decided to blacklist. No less than six of those companies have been rejected because they purchase phosphate from Moroccan occupied Western Sahara.
FDC has divested from Canada's Agrium Inc and Potash Corp Sasketchewan, Australian firms Wesfarmers and Incitec Pivot Ltd and USA firms Innophos Holdings and FMC Corporation, citing their "association to illegal exploitation of natural resources in Western Sahara".
All six companies had been listed by WSRW in its June 2014 "P for Plunder" report, which gives a complete overview of all clients, volumes, values and shipments of illegally excavated phosphate rock from occupied Western Sahara for the years 2012-2013.
The file from FDC can also be downloaded here.
Macron sending French companies into deep waters
At a time when the French government is ignoring all international law in Western Sahara, it places its own companies in serious risk, WSRW warns.
Ryanair announces flights to occupied territory
The Irish airline has announced a new route to Dakhla in “Morocco”, praising the occupying power for its ”support and vision in securing this major investment".
This is how much the EU took from the Saharawis
… in just one year, and under the EU-Morocco trade agreement alone.
This is what the ECJ said on trade in Western Sahara
WSRW has summarised the key findings of the landmark rulings on Western Sahara of the EU Court of Justice, of 4 October 2024.