Sunday Nov 27, 201102:34 PM GMT
Britain leaps to secure Libya contracts
Tue Sep 27, 2011 9:24PM
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The UK government has dispatched its economic authorities to Libya to be the first to win lucrative deals to rebuild the ruins of NATO aerial campaign.


Britain, as the perpetrator of a Western-led attack on Libya under the guise of protecting the country's civilian population, is seeking to secure more business contracts with the new Libyan government.

British Trade Minister Stephen Green launched business talks in Libya, claiming UK firms are eager to participate in the rebuilding of the North African country.

Green said that he had several meetings with the Libyan businessmen and members of National Transitional Council (NTC) and talked about future contracts between the two countries.

However, he told reporters in Tripoli that Britain will not take strategic decisions with Libya until the country creates a new constitution and an elected government is chosen by the Libyan people.

Britain formerly sent a team of negotiators to Tripoli to begin talks with the NTC officials and to sign lucrative oil deals.

The news was then confirmed by Senior Whitehall officials, revealing that British Trade and Investment was planning to renew its oil contracts in Libya quickly, amid rising fears that Russian and Chinese oil firms are seeking to secure the best of the contracts.

“British oil companies have been major players in Libya and I'm sure that they will want to get back in there,” a Whitehall source said.

UK Trade & Investment had also declared that as soon as the situation on the ground permitted, UKTI would provide in-country support and advice to firms aiming to be part of the reconstruction effort.

SAB/MOL/HE
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