Firms Seek Supply Route Around Conflict in Congo - WSJ.com: "A new U.S. law requires publicly traded companies to ensure key minerals in their products aren't coming from the Congo's rebel-controlled mines. A civil war in the Congo, the world's third-largest producer of tantalum, ended in 2003, but violence in the eastern part of the country continues.
The Dodd-Frank financial-regulation law, enacted last year, identifies four minerals—tantalum, tin, tungsten and gold—that are mined in the Congo and are blamed for helping to fund violent conflict there. Under the law, companies that use the four minerals must inform the Securities and Exchange Commission annually whether any of them in their supply chains originated in the Congo or nine neighboring countries. If they did, the companies must tell the SEC what efforts have been made to determine the source and custody chain of the minerals.
Rules implementing the law haven't been finalized. As it stands, the law doesn't punish companies that buy any of the four listed minerals from the Congo, though punitive measures may be added."
Sept 21, 2015 International Day of Peace Celebration at Lyceum University Cavite, Philippines
Ambassador Zara Bayla Juan, Sailing for Peace #PeaceDay
