Krugerrand Imports Banned
President Reagan today banned the importation of krugerrands, effective Oct. 11, putting into place a key element of the Administration’s program of limited economic sanctions designed to move South Africa away from its system of racial segregation.
Reagan acted in an executive order issued as a follow-up to sanctions imposed on Sept. 9, which he said were designed to deal with an “unusual and extraordinary” emergency in South Africa. That nation is in the grip of turmoil over the racial separation policy, apartheid.
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