Angelika Hellweger assesses the United Nations’ easing of sanctions on Libya

With the United Nations (UN) relaxing sanctions imposed on Libya, The National asked Angelika Hellweger for her analysis of the changes.

The UN has allowed Libya to reinvest proceeds from the $70 billion of assets bought with its oil wealth for the first time since sanctions were imposed 14 years ago, when the uprising began that saw Muammar Qaddafi’s regime overthrown. 

Angelika described the change as a “big step for Libya”, although she emphasised that there was nothing in the UN’s new stance that allowed for the maintenance of buildings. She added: “This is the first time that they are getting to reinvest their assets, although it is in a very limited way, but it’s still a move in the right direction.

“As I read the resolution, there is nothing about the maintenance of buildings. I assume the FCDO (Foreign, Commonwealth and Development Office) will soon implement some additional legislation related to these investments.

“But they will be following the UN resolution so I don't see actually that suddenly there will be provisions for the buildings for upkeep and maintenance.”

The full article can be read here.

Featured at: The National