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Los Angeles City Council urges pension divestment from companies doing business in Burma

Los Angeles City Council · November 17, 2000
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The City Council approved a motion asking the Board of Pensions to consider divesting from companies doing business in Burma, citing worsening human-rights conditions and recent detention of elected leaders; the motion passed unanimously (10–0).

The Los Angeles City Council on a unanimous 10–0 vote asked the city’s pension board to consider divesting from companies that continue business ties with Burma (Myanmar), citing mounting human-rights abuses there.

Councilmember Jackie Goldberg, who introduced the non-ordinance motion, said the "human-rights situation in Burma is getting worse" and urged the council to…

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