EU to consider using frozen Libyan funds for rebels

June 20, 2011 17:31

LUXEMBOURG - EU foreign ministers agreed on Monday to look into the possibility of using frozen Libyan funds to assist rebels opposing Muammar Gaddafi.

A statement agreed at a meeting in Luxembourg said the European Union acknowledged the urgent financial needs of the rebel transitional council in Libya.

"The mobilization of international resources, including where possible, through the use of Libyan frozen funds, in compliance with the provisions of the relevant UNSCRs (United Nations Security Council Resolutions), is key to support the inclusive transition process aimed at fostering national reconciliation," the statement said.

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