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Tuesday, February 21, 2012

UN frees frozen Libya assets

2011-08-26

The United Nations Security Council on Thursday (August 25th) agreed to release $1.5 billion in frozen Libyan assets to assist immediate humanitarian needs.

Italy also decided to immediately unfreeze 350 million euros of frozen Libyan assets, ANSA reported. Speaking in Milan after meeting with Transitional National Council (TNC) foreign emissary Mahmoud Jibril on Thursday, Italian Prime Minister Silvio Berlusconi said Italy was prepared to train Libyan security officers and assist education and health initiatives.

Italian oil giant Eni will also sign an accord in Benghazi next Monday that provides "enormous quantities of gas and oil to meet the needs of the people", Berlusconi said.

Source: Magharebia.
Link: http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2011/08/26/newsbrief-01.

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