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| Update: U.S. ban on travel to Libya removed |
| 2004-02-27 |
| EFL & Bandwidth! Yesterday’s news was welcomed by American businesses that had stakes in Libya’s oil industry before the trade embargo was imposed. "U.S. companies with pre-sanctions holdings in Libya will be authorized as of today to negotiate the terms of their re-entry into operations in Libya, subject to the requirement of a further U.S. approval for implementation of any agreements if sanctions have not otherwise been lifted," the White House said. It invited Libya to open an interest section in Washington — a much smaller version of an embassy. It also said it "will continue to augment" the U.S. interest section in Tripoli "to reflect the increasing depth of our bilateral relationship." |
| Posted by:Dragon Fly |