Page:United States Statutes at Large Volume 122.djvu/2670

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.

12 2 STA T . 2 647PUBLIC LA W 11 0– 2 8 6 —J UL Y 2 9, 2008 (c)FORM.—Ther e po r t re qui re d u n der s u b section ( a ) sha l lbe sub m itted in unclassi f ied form but ma y include a classified anne x . The report shall also be posted on the D epartment of Treasury ’ s w ebsite not later than 30 days of the submission to C on g ress of the report. To the extent possible , the report shall include the names of the senior B urmese officials and the approximate v alue of their holdings in the respective foreign ban k ing institutions and any other pertinent information. SEC.14 . UNO C ALP LA I N T I F FS. (a) SENS EO F CON G RESS.— I t is the Sense of Congress that the U nited States should work with the R oyal Thai G overnment to ensure the safety in Thailand of the 15 plaintiffs in the Doe v. Unocal case, and should consider granting refugee status or humanitarian parole to these plaintiffs to enter the United States consistent with existing United States law. (b) RE P OR T .— N ot later than 9 0 days after the date of the enactment of this A ct, the P resident shall submit to the appropriate Congressional committees a report on the status of the Doe vs. Unocal plaintiffs and whether the plaintiffs have been granted refugee status or humanitarian parole. SEC. 1 5 . SENSE OF CON GR ESS W IT H RESPECT TO IN V EST M ENTS IN B URMA ’ SOILAN D GAS INDUSTR Y . (a) F I N D INGS A ND DE CL ARATIONS.—Congress finds the following

(1) Currently United States, French, and Thai investors are engaged in the production and delivery of natural gas in the pipeline from the Y adana and Sein fields (Yadana pipe - line) in the Andaman Sea, an enterprise which falls under the j urisdiction of the Burmese Government, and United States investment by Chevron represents approximately a 28 percent nonoperated, working interest in that pipeline. (2) The Congressional Research Service estimates that the Yadana pipeline provides at least $ 500,000,000 in annual rev- enue for the Burmese Government. (3) The natural gas that transits the Yadana pipeline is delivered primarily to Thailand, representing about 20 percent of Thailand’s total gas supply. ( 4 ) The executive branch has in the past exempted invest- ment in the Yadana pipeline from the sanctions regime against the Burmese Government. (5) Congress believes that United States companies ought to be held to a high standard of conduct overseas and should avoid as much as possible acting in a manner that supports repressive regimes such as the Burmese Government. ( 6 ) Congress recogni z es the important symbolic value that divestment of United States holdings in Burma would have on the international sanctions effort, demonstrating that the United States will continue to lead by example. (b) STATEMENT OF POLIC Y .— (1) Congress urges Yadana investors to consider voluntary divestment over time if the Burmese Government fails to take meaningful steps to release political prisoners, restore civilian constitutional rule and promote national reconciliation. (2) Congress will remain concerned with the matter of continued investment in the Yadana pipeline in the years ahead. 50USC17 01 note.Pr e sid ent. D e a d l ine. Th ailand. R e fug ees. 50 USC 1701 note. Pu b li c infor m ation. W eb site. Deadline.