Stop NU investing in Arms Trade
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NUCAAT
[email protected]
We call upon Newcastle University to withdraw its investments of 421,653 annually in the Arms Trade industry (GKN, BAE Systems, Rolls Royce and Smiths). We want Newcastle University to adopt an ethical investment policy which does not include investment in Arms companies.
Our opposition to financial involvement with the arms industry is not based on simple pacifism, but on a deep discomfort at the way the arms trade currently operates, and a belief that, far from enhancing security, it often escalates global conflict and human rights abuses. Major arms firms such as BAE and GKN sell weapons to repressive regimes (such as Indonesia during the massacre of the East Timorese) and conflict zones (such as Colombia and the Congo), often with minimal regard for the consequences in terms of escalating violence.
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