South Africa: Country Agrees to Unfreezing of Libyan Assets for Humanitarian Reasons

26 August 2011

Pretoria — South Africa has agreed with the decision that will see the release of $1.5 billion of frozen Libyan assets, which are expected to be used for emergency assistance to the crisis-hit country.

The decision was reached on Thursday as a means of getting around a vote on the matter at the United Nations Security Council.

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