USA*ENGAGE Calls for Lifting of U.S. Sanctions

Friday, 5 June 1998

"U.S. sanctions on South Korea defy common sense, and are further evidence that America's sanctions-based foreign policy is out of control. South Korea has been a dependable ally of the United States and remains a vital strategic partner. The current OPIC ban is a punitive sanction that is outdated and unjustified -- especially given U.S. interests in stabilizing the troubled South Korean economy," said Frank Kittredge, President of the National Foreign Trade Council and Vice Chairman of USA*ENGAGE.

In addition, Kittredge pointed to President Kim's strong support for democracy and his call for an easing of tensions with North Korea as further reason why the United States should exhibit support and lift its unilateral sanctions against South Korea.

"The fact that the United States is sanctioning South Korea -- a friend and ally -- during an extremely difficult economic period, is a prime example of the counterproductive effects of unilateral sanctions. Moreover, President Kim's courageous call for engagement with the North is a positive sign, the benefits of which deserve serious consideration by Congress, the Administration and the world's economic powers," Kittredge said.

In conclusion, Kittredge noted that the United States is now targeting over two-thirds of the world's population with some form of sanctions.

USA*ENGAGE is a coalition of 672 small and large businesses, agriculture groups and trade associations working to seek alternatives to the proliferation of unilateral U.S. foreign policy sanctions and to promote the benefits of U.S. engagement abroad.

 

Contact: Eric Thomas 202/822-9491

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