30 Jul '11, 11pm

UN Council ready to ease Libya sanctions: UNITED NATIONS - THE UN Security Council is ready to release Libyan as...

UNITED NATIONS - THE UN Security Council is ready to release Libyan assets frozen under UN sanctions to buy humanitarian aid for the population facing growing shortages, diplomats said. Muammar Gaddafi's government and the rival rebel opposition have both asked the United Nations for access to the assets in order to purchase much-needed medicine and other essential supplies. Portugual's UN Ambassador Jose Filipe Moraes Cabral, who chairs the Security Council's Libya sanctions committee, told reporters that the two sides would have to make a formal request to the committee but added that there appeared to be a consensus on the committee in favour of unblocking funds. Cabral said he has asked UN special envoy on Libya Abdul Ilah al-Khatib to tell the rival governments that the sanctions committee was ready to act in days once 'concrete' requests are received. The ambassador ...

Full article: http://www.straitstimes.com/BreakingNews/World/Story/STIS...

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