Netherlands to unfreeze Libyan assets worth $2 bn
September 2nd, 2011 - 10:14 am ICT by IANSThe Hague, Sep 2 (IANS) Dutch Prime Minister Mark Rutte has said the Netherlands will unfreeze $2 billion worth of Libyan assets, and is willing to offer its expertise in the detection of mines and explosives in Libya, Xinhua reported.
“It is of utmost importance to get the Libyan economy up and running,” Rutte said Thursday before leaving for Paris for a “Friends of Libya” conference.
The $2 billion worth of assets is about half of a total of $4 billion the Netherlands froze in March to keep them away from Libyan leader Muammar Gaddafi.
Analysts believe a total of $70 billion euros (around $100 billion) of Libyan funds are currently frozen worldwide.
Mahmoud Jibril, leader of the Libyan rebel National Transitional Council, has said Libya needs around 3.5 billion euros to pay wages, repair oil installations and keep facilities running.
- Netherlands unfreezes Libyan funds - Sep 10, 2011
- Italy unfreezes 350 mn euros of Libyan assets - Aug 26, 2011
- Italy seizes Gaddafi assets worth $1.4 bn - Mar 30, 2012
- Italy may unfreeze $3.6 bn of Libyan assets - Sep 04, 2011
- EU to unfreeze Libyan banks' assets - Dec 22, 2011
- Gaddafi's $25 mn Italian hotel complex seized - May 17, 2012
- US lifts most sanctions against Libya - Dec 17, 2011
- 'France, Britain to continue military operation in Libya' - Sep 16, 2011
- Libyan rebels seek financial help from Spain - Jul 22, 2011
- Russia supports use of Gaddafi's assets as humanitarian aid - May 14, 2011
- Still no idea about Gaddafi's whereabouts: NTC - Sep 20, 2011
- Vatican recognises Libya's NTC - Oct 22, 2011
- 'Gaddafi should have been alive for being prosecuted - Oct 23, 2011
- Japan freezes $4.4 bn worth of Gaddafi regime assets - Jun 04, 2011
- US to release $1.5 bn in Libyan funds - Aug 26, 2011
Tags: assets, dutch prime minister, explosives, hague, jibril, libya, libyan economy, libyan leader muammar, libyan leader muammar gaddafi, mahmoud, muammar gaddafi, national transitional council, netherlands, oil installations, paris, utmost importance, wages, xinhua