27July1988,inwhichiturgedalltransnational corporations tostop immediately allformsofcollaboration withtheracistminority regimein SouthAfrica andcalledforspecific actions byMemberStates and transnational corporations toendsuchcollaboration, Notingwithgraveconcern thebrutalperpetuation oftheinhuman system ofapartheid inSouthAfrica andthecontinued denialoftheciviland political rightsofthemajority ofthepopulation inthatcountry, Bearing inmindthefactthatcontinued investments, trade,technological co-operation, andotherformsofcovertorovertactivity bytransnational corporations inside andoutside SouthAfricaprovide sustenance toapartheid, Notingthecurrent efforts toimplement Security Council resolution 435(1978)towards theattainment ofindependence inNamibia, ~aving exgmined thereports oftheSecretary-General ontheactivities of transnational corporations inSouthAfrica andNamibia 10/andonthe responsibilities ofhomecountries withrespect tothetransnational corporations operating inSouthAfrica andNamibia inviolation ofthe relevant resolutions anddecisions oftheUnitedNations, III 1.Reiterates itsabhorrence ofapartheid whichisacrimeagainst humanity, andcondemns theSouthAfrican regimeforitsperpetuation of apartheid, foritscontinued oppression ofthemajority ofthepeopleofSouth Africa andforitsactsofmilitary andeconomic destabilization ofthe neighbouring independent States; 2.Condemns thosetransnational corporations thatcontinue to collaborate withtheracistminority regimeinSouthAfricaindefiance of resolutions oftheUnitedNations, international publicopinion and,inmany cases,inviolation ofmeasures adopted bytheirhomecountries; 3.Welcomes asaninitial stepthemeasures takenbysomeGovernments toimposerestrictions oninvestments, bankloansandothereconomic activities inSouthAfrica, aswellasthedivestment bysometransnatjonal corporations oftheirequity investments inSouthAfrica; *Forthediscussion, seechap.VIbelow. J~/E/C.lO/1989/8. 11/E/C.10/19a9/9. -8·- ~.~.,..---" ,---~--~..~.,._..­ ..-."'~" 4.Deeplyregrets thatthemeasures takensofarfallshortofthe comprehensive andmandatory sanctions against theracist regimeinSouth Africa ascalledforinrelevant resolutions oftheGeneral Assembly: 11 h5.CallsupontheGovernments ofhomecountries oftransnational corporations tofullyimplement theprovisions ofEconomic andSocial Council resolution 1988/56, andtoconsider adopting further measures toprohibit all formsofcollaboration bytransnational corporations withtheracistminority regimeinSouthAfrica, including notonlydirect investments, butalso services, non-equity formsofbusiness arrangements, technology licensing, distribution andfranchising agreements andothersuchactivities; 6.Urgesalltransnational corporations tostopimmediately any operations inSouthAfrica andallformsoftradeandeconomic linkswiththe racistminority regime; 7.Callsuponallmultilateral financial anddevelopment institutions toimmediately ceaseanykindofsupport orotherformsofcollaboration with theracist regimeinSouthAfrica; 8.Requests theSecretary-General toundertake speedy implementation of paragraph 9ofCouncil resolution 1988/56, andtoreporttheresults thereof totheCommission onTransnational Corporations atitssixteenth session: 9.Further requests theSecretary-General: (a)Tocontinue theuseful workofcollecting anddisseminating information ontheactivities oftransnationa1 corporations inSouthAfrica andNamibia, untiltheattainment ofitsindependence, including thecompiling ofalistoftransnationa1 corporations stillconducting operations there; (b)Toprepare studies onthelevelandformsofoperations by transnationa1 corporations inSouthAfrica, andinNamibia untilthe attainment ofitsindependence, including theirnon-equity business arrangements andtheirinvolvement inparticular sectors oftheSouthAfrican andNamibian economies, andanupdated studyontheresponsibilities ofhome countries withrespect tothetransnational corporations operating inSouth Africa andNamibia inviolation ofrelevant resolutions anddecisions ofthe United Nations; (c)Toreportannually totheCommission onTransnational Corporations, theEconomic andSocial Council, theGeneral Assembly andtheSecurity Council
**Analysis**
This text appears to be a resolution or a statement by the United Nations, addressing the issue of transnational corporations' involvement in the apartheid regime in South Africa. The text discusses the economic and financial links between these corporations and the regime, and calls for specific actions to be taken to end such collaboration. The focus is on the economic and political implications of this collaboration, and the need for concrete measures to be taken to address the situation.

**Category**
International trade, Industry