http://en.rian.ru/russia/20081020/117828166.html

Libya's Qaddafi to visit Russia Oct. 31 - paper


MOSCOW, October 20 (RIA Novosti) - Libyan leader Muammar Qaddafi will pay
his first visit to Russia in more than 20 years in late October, a Russian
business daily said on Monday, citing a Foreign Ministry source.

Vedomosti said deals to supply arms to Libya worth more than $2 billion
could be signed during Qaddafi's visit.

Qaddafi, who has ruled the oil and gas-rich African state since 1969, will
arrive in Moscow on October 31, the paper said. He last visited the Russian
capital in 1985, before the breakup of the Soviet Union.

The paper said, referring to an official in the Russian Technology
Corporation, that contracts had been discussed on the supply of 16 SU-30 MKI
Flanker-H multirole fighters, T-90 tanks, and TOR-M2E air defense systems to
Libya.

Libya's Soviet-era $4.6 billion debt was written off in exchange for a range
of new contracts, the largest of which was a deal worth some $3 billion
under which the Russian railroad monopoly is to build a 554-km (344-mile)
railroad in Libya. The deal was signed when the then president and current
prime minister, Vladimir Putin, visited the country in April 2008.

Russian energy giant Gazprom, the Libyan national oil company, and the
Libyan African Investment Fund have also signed memorandums to set up joint
ventures to launch production in Libya and other African states, the paper
said.

The leaders of Britain, Italy and France have also visited Libya since the
United Nations lifted sanctions against the state in 2003 after Tripoli took
responsibility for the 1988 bombing of a PanAm plane above Scotland and
pledged to pay compensation to the victims' families.

Libya possesses considerable reserves of oil and gas, but the sector remains
relatively undeveloped. The country is also a lucrative arms market.


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