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Reagan to Ban Krugerrands

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Associated Press

The Reagan Administration has formally decided to ban the importation of krugerrand gold coins as part of a package of sanctions against white-ruled South Africa, congressional sources said today.

President Reagan said earlier this month that he would consult about a possible ban with America’s trading partners under the General Agreement on Tariffs and Trade. The sources said that procedure has been completed, freeing the Administration to make its formal announcement.

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