Extracts. >Sunday, 29 October, 2000: The UN General Assembly adopted by near unanimous >vote on Thursday a resolution criticizing unilateral sanctions, which Libya >said was aimed at the United States. The measure, sponsored by Libya, calls >for the repeal of "unilaterally imposed extraterritorial coercive economic >measures on trade and financial and economic cooperation, including at the >regional level." The text had been negotiated with the European Union whose 15 >members supported it. In a lengthy speech, Libyan Ambassador Abuzed Omar Dorda >said Washington, which has imposed sanctions against Libya, might eventually >be rewarded in kind. "As we impose embargoes on others, the others will start >imposing the same on us," he told the assembly. "They could close their >markets to American goods." "Does this serve the interests of the American >economy?" he asked. [Reuters] > >Letters: Saturday, 28 October, 2000 > >Saturday, 28 October, 2000: The Italian government Friday accepted to pay 260 >million US dollars as damages of its occupation of Libya in 1911, the Libyan >news agency reported Friday, quoting an official source. The agency said that >the Libyan economic and finance minister and the Italian exports insurance >agency had Thursday signed an agreement for the payment of compensation. In >July 1999, Italy had officially apologised for the wrongs and suffering caused >to the Libyan people during the occupation. The agency said that Italy also >undertook to compensate the Libyan people for the ills they suffered during >the colonial period. The signing of the agreement Thursday coincided with the >day of remembrance of thousands of Libyans who were deported in October 1911 >to the barren islands in southern Italy, where thousands of them died from >diseases, famine and bad weather. Tripoli had asked Rome to explain what >happened to all the deportees. Since the July 1999 apology, relations between >the two countries have markedly improved. [ArabicNews.Com] > > >Friday, 27 October, 2000: South Korea's Hyundai Corp. plans to develop Libya's >"elephant" oil field has been delayed by one year, a company source told Dow >Jones Newswires. The company will likely begin pumping crude from the field in >2002, instead of the expected start date of middle to late 2001, he said. >"We're waiting for the Libyan Parliament to give approval to the project," he >said. "There are also financial issues involved." "Libya, as an OPEC member, >wants to maintain its quotas," the source said. "They aren't in a rush to >develop those fields." [Dow Jones] _______________________________________________________ KOMINFORM P.O. Box 66 00841 Helsinki - Finland +358-40-7177941, fax +358-9-7591081 e-mail [EMAIL PROTECTED] http://www.kominf.pp.fi _______________________________________________________ Kominform list for general information. Subscribe/unsubscribe messages to [EMAIL PROTECTED] Anti-Imperialism list for anti-imperialist news. Subscribe/unsubscribe messages: [EMAIL PROTECTED] [EMAIL PROTECTED] _______________________________________________________
