"Libya is still, according to international law, a sovereign state and any use of frozen funds is like piracy on the high seas" This led responded Deputy Foreign Minister of Libya, Khaled Kaim, after creating a new special fund under international supervision to help the rebels in Libya. Khaled Kaim also criticized the contact group behind this fund, consisting of twenty-two countries, six international institutions, including the EU, NATO and the Organization of Islamic Conference, and six observers, including the African Union and the World Bank.
"This group is ambiguous, a strange body, and we do not consider it as an entity." The participants focused also on the subsequent use of frozen funds from Colonel Qaddafi and his family, estimated at 60 billion dollars worldwide, including more than half the United States. "This money belongs to the people of Libya and Italy and France have urged the relevant bodies of the European Union to find a solution," said Franco Frattini, Italian Minister of Foreign Affairs.
This temporary financial mechanism "will allow funds to be transferred effectively and transparently to the National Transitional Council [CNT], the political arm of the rebellion," said Frattini. Khaled Kaim, "the rebels are not a legal entity. They are not a country. The country is not divided under a referendum or a UN resolution [...].
If we remain silent about it, we will end up living in a jungle. "Secretary of State Hillary Clinton announced that the Obama administration would" build a law "to help" draw a Party " these funds to "help the Libyan people." "We are also in discussions with our partners on how to further support sales of oil" by the NLC, "she added.
The CNT had warned Tuesday that the Libyan economy could collapse and called "credit lines" in "two to three billion euros" to France, the United States and Italy. 
"This group is ambiguous, a strange body, and we do not consider it as an entity." The participants focused also on the subsequent use of frozen funds from Colonel Qaddafi and his family, estimated at 60 billion dollars worldwide, including more than half the United States. "This money belongs to the people of Libya and Italy and France have urged the relevant bodies of the European Union to find a solution," said Franco Frattini, Italian Minister of Foreign Affairs.
This temporary financial mechanism "will allow funds to be transferred effectively and transparently to the National Transitional Council [CNT], the political arm of the rebellion," said Frattini. Khaled Kaim, "the rebels are not a legal entity. They are not a country. The country is not divided under a referendum or a UN resolution [...].
If we remain silent about it, we will end up living in a jungle. "Secretary of State Hillary Clinton announced that the Obama administration would" build a law "to help" draw a Party " these funds to "help the Libyan people." "We are also in discussions with our partners on how to further support sales of oil" by the NLC, "she added.
The CNT had warned Tuesday that the Libyan economy could collapse and called "credit lines" in "two to three billion euros" to France, the United States and Italy.
No comments:
Post a Comment