5/05/2011

Libya: Libya's rebels will get funds Col Muammar Gaddafi's forces.




Arebel with bullets
The international contact group on Libya has agreed to create a temporary fund to assist rebel groups, during talks in Rome as an answer to Libya's rebels when they were suggesting having more money to keep fighting Col Muammar Gaddafi's forces.

French Foreign Minister Alain Juppe says the fund should be operational within weeks. The group of NATO countries, Arab states and other nations are discussing ways to increase pressure on Col Muammar Gaddafi.


According to BBC News,Speaking in Rome, Italian Foreign Minister Franco Frattini said the creation of a new financial mechanism would "permit funds to be channeled effectively and transparently" to the rebels.
He said further details would be announced at the meeting later on Thursday.
The move followed an urgent request from the rebels, based in the eastern city of Benghazi.

The rebels' Transitional National Council says it needs $2bn-$3bn (£1.2bn-£1.8bn) in the coming months for military salaries, food, medicine and other basic supplies.
British Foreign Secretary William Hague insisted that any financial assistance to the rebels would not be spent on weapons.
The Libya Contact Group has been looking at ways to fund the Libyan uprising against Col Gaddafi

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