U.S. to Ban Krugerrand Soon
Associated Press
WASHINGTON —
Secretary of State George P. Shultz said today that the Reagan Administration intends to ban the importation of South African gold coins within a matter of weeks.
Shultz told a Senate subcommittee that the United States is engaged in a “process of notification and consultation after which the importation of the krugerrand will be banned.” He said the action is not dependent upon approval under an international trading agreement.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
