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World powers to unfreeze Gaddafi’s assets for new Libya

September 02, 2011, 3:31 UTC+3
World leaders agreed at an international meeting on Libya on Thursday to unfreeze the assets of ousted Muammar Gaddafi and thus help the interim rulers rebuild the country
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PARIS, September 2 (Itar-Tass) —— World leaders agreed at an international meeting on Libya on Thursday to unfreeze the assets of ousted Muammar Gaddafi and thus help the interim rulers rebuild the country.

Libya’s Transitional National Council (TNC) thanked the West for support and promised to promote reconciliation and national dialogue.

“We have committed to unblock funds from the Libya of the past to finance the development of the Libya of the future,” French President Nicolas Sarkozy told a news conference. He estimated the amount at $15 billion.

TNC Chairman Mustafa Abdel Jalil told delegations from about 60 countries and international bodies that Libya would not let them down. “The world staked on the Libyans and the Libyans showed their courage and made their dream come true," he said.

Russian presidential envoy for Africa Mikhail Margelov participated in the meeting and said the UN Security Council has to determine the international role in all future processes in Libya.

He echoed Foreign Minister Sergei Lavrov who said before the Paris meeting that “Russia has always called for the United Nations to decide all issues related to foreign support to the Libyans in overcoming the crisis.”

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