LOC16:17
13:17 GMT
BRUSSELS, Sept 22 (KUNA) --The European Union Thursday adopted a set of
measures designed to help the Libyan economy recover after the civil war and
to assist the UN support mission to that country.
The EU Council said in a statement that it has permitted previously frozen
funds to be released for humanitarian and civilian needs, to support renewed
activity in the Libyan oil and banking sectors and to assist with building a
civilian government.
This concerns assets held by the Central Bank of Libya, the Libyan
Investment Authority, the Libyan Foreign Bank and Libya Africa Investment
Portfolio.
The Council lifted the asset freeze on two further companies in the oil
sector and the ban on Libyan aircraft to use airports in Europe and European
airspace.
At the same time, the Council partially lifted the arms embargo to allow
supplying arms intended for security and disarmament assistance to the Libyan
authorities as well as light weapons for the use of UN personnel and
development workers.
The EU had already lifted the EU's asset freeze on Liby's Afriqiyah Airways
on 15 September.
On 1 September, it agreed the release of funds held within the EU by 28
additional Libyan entities. (end)
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