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Turkey calls for Libyan assets to be released

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Turkey calls for Libyan assets to be released


Turkish Foreign Minister Ahmet Davutoglu has urged the United Nations Security Council to unblock billions of euros in frozen Libyan assets.

The National Transitional Council has said it needs the money to pay government salaries and fund essential public services such as hospitals.

“We need to take action within the UN Security Council, to institute the legal framework for the alleviation of the NTC’s urgent financial needs,” Davutoglu told diplomats in Istanbul.

“Finding a solution to the usage of the frozen Libyan assets by the NTC is of critical importance,” he said at the fifth-ever meeting of the Libya Contact Group.

Davutoglu said: “Libya deserves to be a respectable member of the international community” and added that world powers would do all they can to help the country achieve that goal.

As officials met in Turkey, the NTC’s number two Mahmoud Jibril held talks with Italian Prime Minister Silvio Berlusconi in Milan.

Berlusconi agreed to release 350 million euros of Libyan assets held by Italian banks.

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