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After Qaddafi's death and the end of the eight-month civil war in October, the Security Council eased some financial restrictions to allow a resumption of trading

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UNITED NATIONS - The U.N. Security Council on Friday ordered assets of two Libyan banks that had been under the control of Muammar Qaddafi to be unfrozen, clearing the way for the return of more than $40 billion to help the new government rebuild the country.

The transitional government had asked the council's committee monitoring sanctions against Libya to lift the asset freeze on the Central Bank of Libya and its subsidiary, the Libyan Foreign Bank. There were no objections from any of the 15 council nations who comprise the committee by the deadline Friday evening so the sanctions were immediately lifted.

Soon after, the U.S. government announced that it has rolled back most sanctions against Libya's banks, unblocking more than $30 billion in assets. And British Foreign Secretary William Hague said his government is seeking swift European Union action to pass the regulation required to release about 6.5 billion pounds ($10 billion) in assets frozen in Britain.

Billions of dollars more in Libyan assets frozen elsewhere are also expected to be released.

EU to unfreeze Libya assets once UN approves

The Security Council froze the assets of five key Libyan financial institutions in March following the uprising against Qaddafi's 42-year rule and 고흥콜걸 his deadly crackdown on protesters.

After Qaddafi's death and the end of the eight-month civil war in October, the Security Council eased some financial restrictions to allow a resumption of trading. But the freeze on assets that the Central Bank and Foreign Bank held before March remained in place until Friday's delisting.

Britain's Hague welcomed the sanctions committee's decision, saying "Libya's government will now have full access to the significant funds needed to help rebuild the country, to underpin stability and to ensure that Libyans can make the transactions that are essential to everyday life."

"The transitional government must now redouble its efforts to build a transparent and accountable financial system which will underpin a newly prosperous Libya," Hague said.

The White House said unfreezing the assets will give the Libyan government access to most of its worldwide holdings "and will help the new government oversee the country's transition and reconstruction in a responsible manner." The United States is helping Libya with the technical steps to make the assets available as soon as possible, it said.

Libya is still subject to U.N. sanctions, including an arms embargo, and assets of the Qaddafi family and members of his regime remain frozen along with assets of several other financial institutions.

Hague said Britain will continue working with the Libyan government and other countries "to agree the steps required to remove remaining sanctions, so that Libya's assets can be used for the benefit of its people."

The sanctions committee previously ordered the unfreezing of $18 billion of assets, but U.N. officials and diplomats said only about $3 billion had gotten through to Libyan authorities because of a number of problems.

These include concerns over who the money should be released to in Libya and whether it will be used for humanitarian purposes as required in some cases, the diplomats said, speaking on condition of anonymity because discussions were private.
asked Sep 30, 2019 by BerniceChinn (120 points)

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நியூ இரா சிட்டி கேள்வி மற்றும் பதில் வலைதலத் திற்கு வரவேற்கிறோம். , நீங்கள் உங்கள் கேள்விகளுக்கு மற்ற சமூக உறுப்பினர்களின் மூலமாக பதில்களை பெற முடியும். எவர் ஒருவர் 100 கேள்விகள் அல்லது 100 பதில்கள் கொடுக்கிறார்களோ அவர்கள் லங்காவி - மலேசியாவில் நடைபெறும் "ஐ 2 ஐ" பயிற்சி பட்டறையில் இலவசமாக*** கலந்து கொள்ள தகுதிபெறுகிறார்கள். "ஐ 2 ஐ" பயிற்சி பட்டறை மே - 2017 இல் நடைபெற உள்ளது. கேட்கப்படும் அல்லது பதிலளிக்கும் ஒவ்வொரு கேள்விக்கும் 40 மதிப்பெண்கள் வழங்கப்படும். முதலில் 4000 மதிப்பெண்கள் எடுக்கும் நபர் இலவசமாக*** "ஐ 2ஐ" பயிற்சி பட்டறையில் கலந்துகொள்ள வாய்ப்பு அளிக்கப்படும். நீங்கள் புள்ளிகள் பெற கேள்விகள் குறைந்தபட்சம் 160 வார்த்தைகள் மற்றும் 600 வார்த்தைகளுக்கு மிகாமல் . இருக்கவேண்டும். உங்கள் கேள்விகளுக்கு 7 நாட்களுக்குள் பதில் அளிக்கவில்லை என்றல், கேள்வி வலைத்தளத்தில் இருந்து நீக்கப்படும். *** இது ஒரு சில நிபந்தனைகளுக்கு உட்பட்டது
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