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.
The Advocate General of the EU’s top Court backs the legal status of the people of Western Sahara. Final Judgment expected in a few months.
Labelling those products as originating in the Kingdom of Morocco instead of originating in Western Sahara breaches EU law, the Advocate General of the EU Court of Justice concludes.
After undertaking work for the Moroccan state phosphate company in Western Sahara, the Danish consultancy giant COWI states that it “will not engage in further projects" in the occupied territory.
An external evaluation report on the EU-Morocco fisheries agreement 2019-2023 confirms that the agreement revolves, in its entirety, around Western Sahara.