(12) The Special Committee takes note of the statement made by the representative of the World Bank before the Sub-Committee on 18 April 1990, in which he indicated that South Africa was a member of the Bank but that the Bank had not granted any loans to South Africa since 1966 and that all loans made to, or guaranteed by. South Africa up to that time had been fully repaid. Therefore, the Bank did not have any outstanding loans to South Africa. Also, the last election for executive directors of the Bank Group in which South Africa had participated had been the one held in 1972: as a result, it was not represented on the Board of Executive Directors of the Bank, the International Development Association (IDA) or the International Finance Corporation (IFC). The Special Committee notes with deep concern that the World Bank continues to maintain certain financial and technical links with racist South Africa, as exemplified by the continued participation of South Africa in the work of that body, and is of the view that the World Bank should put an end to all links with that racist régime, as long as apartheid continues to e^ist. (13) The Special Committee reiterates its firm conviction that, in accordance with the relevant resolutions and decisions of the General Assembly and the Security Council, all specialised agencies and other organisations and institutions of the United Nations system should take all the measures necessary to stop all collaboration with or assistance to the racist régime of South Africa in financial, economic, technical, nuclear or other fields so as to compel that régime to implement the resolutions and decisions of the United Nations concerning the apartheid régime and neighbouring States. The Special Committee is also of the 
**Analysis**
The text appears to be discussing the World Bank's relationship with South Africa and the impact of apartheid on the country. The language used suggests a focus on economic and financial links, as well as the need for the World Bank to take action to end its collaboration with the racist regime. The text also references the need for the World Bank to implement UN resolutions and decisions regarding apartheid.

**Category**
Economic development, International trade