World powers will fund Libyan rebels
Representatives from 22 countries and six organizations meeting in Rome have agreed to set up a special fund to help finance Libyan rebels, Deutsche Welle said.
Thursday, 05.05.2011.
14:26
Representatives from 22 countries and six organizations meeting in Rome have agreed to set up a special fund to help finance Libyan rebels, Deutsche Welle said. The international community has agreed to create a special fund to allow it to help finance to Libya's rebel Transitional National Council (TNC). World powers will fund Libyan rebels The meeting in Rome was co-chaired by Italy and Qatar, with representatives from 22 countries and six international organizations, including all of the countries participating in the NATO-led campaign in Libya, are taking part in the talks. Before the meeting, officials also suggested that new efforts should be made to toward reaching a diplomatic resolution to the conflict, which the rebels say has killed some 10,000 people. The rebels' key demand, however, is that leader Moammar Gadhafi relinquish power, something he has thus far refused to do. Qatar has offered to help the rebels sell the oil from fields they control on the international market. Revenue from oil sales and Gadhafi-regime assets that have been frozen could be used as collateral for any kind of loan. Thus far, however, it's been difficult to unfreeze assets abroad for the rebels' benefit or to get past UN rules blocking the sale of their oil internationally. The ministers and representatives were not expected to touch on the military situation on the ground, leaving that to NATO officials. Initial NATO airstrikes were able to drive Gadhafi's troops away from the rebel stronghold of Benghazi, but the front line is now largely static and the city of Misrata remains under siege. (Beta/AP)
World powers will fund Libyan rebels
The meeting in Rome was co-chaired by Italy and Qatar, with representatives from 22 countries and six international organizations, including all of the countries participating in the NATO-led campaign in Libya, are taking part in the talks.Before the meeting, officials also suggested that new efforts should be made to toward reaching a diplomatic resolution to the conflict, which the rebels say has killed some 10,000 people. The rebels' key demand, however, is that leader Moammar Gadhafi relinquish power, something he has thus far refused to do.
Qatar has offered to help the rebels sell the oil from fields they control on the international market. Revenue from oil sales and Gadhafi-regime assets that have been frozen could be used as collateral for any kind of loan.
Thus far, however, it's been difficult to unfreeze assets abroad for the rebels' benefit or to get past UN rules blocking the sale of their oil internationally.
The ministers and representatives were not expected to touch on the military situation on the ground, leaving that to NATO officials. Initial NATO airstrikes were able to drive Gadhafi's troops away from the rebel stronghold of Benghazi, but the front line is now largely static and the city of Misrata remains under siege.
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