Norway has barred its oil fund from investing in China's Dongfeng Motor
Group because the firm sell arms supplies to military-ruled Burma.
Norway's finance ministry says the Chinese company sells military trucks to Burma.
Finance
Minster Kristin Halvorsen said Friday Norway cannot finance companies
that support the military dictatorship in Burma through military sales.
Norway's oil fund, officially called the Government Pension
Fund-Global, invests the country's oil and gas wealth in foreign stocks
and bonds. The fund is meant to save money for the future when
Norway's oil supply runs dry.
The fund is currently worth around $300 billion. Norway is a major exporter of oil and natural gas.
Some information for this report was provided by Bloomberg, AP and Reuters.
