FOR IMMEDIATE RELEASE
The United States welcomes today’s decision by the UN Security Council’s Libya Sanctions Committee to remove the remaining financial sanctions on the Central Bank of Libya and the Libyan Arab Foreign Bank. This will allow the United States and other countries to unfreeze billions of dollars to help Libyans build their new democracy.
The financial sanctions imposed by UN Security Council resolutions 1970 and 1973 were important in halting Qadhafi’s slaughter of the Libyan people. Now, as Libyans develop their new state, these sanctions can be ended responsibly. The United States will continue to work with the new government of Libya to ensure that it has the resources and support it needs, and we will stand with the Libyan people as they leave behind decades of tyranny and chart a prosperous, democratic and secure future for their country.
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