Libya

NTC lays out programme to government


Published

The National Transitional Council (NTC) has laid out a roadmap to achieving a Declaration of Liberation and process to achieving a democratic government.

The detailed document states that a Declaration of Liberation will only be declared when Muammar Gaddafi has been captured or killed. Following that there will be moves to set up an interim government and then finally an elected government with a constitution agreed along the way. The whole process is expected to take around 18 months.

Meanwhile the Russian Federation has decided to recognise the NTC as Libya’s legitimate authority. China has said that it wants the United Nations to take the lead rather than America, Britain, France and other western nations once the declaration of liberation has been declared.

Elsewhere, UK Prime Minister David Cameron and French President Nicolas Sarkozy are hosting a ‘Friends of Libya’ conference in Paris today with around 60 nations and international organisations expected to attend, including Russia and China.

At the conference the debate will centre on securing diplomatic and financial support for Libya, including their need to raise around £5 billion.

Tagged with:

More detailed briefing on the politics and risk of doing business in this country is available to clients and subscribers. If you would like to know more then please contact enquiries@tradebridgeconsultants.com