BEWARE INVEWSTORS. Kitabul Akhdar and the Libyan psychy is rooted in NATIONALISATION!! I want to know one thing, how do you condemn the US for actions against Milosevic (Yugoslav federation at the expense of Kosovo-Metochians, Croatian, Bosnians, and Albanians)? Gaddafi would do or say anything to attract attention. Let him wither in oblivion. >From: Sidi M Sanneh <[log in to unmask]> >Reply-To: The Gambia and related-issues mailing list ><[log in to unmask]> >To: [log in to unmask] >Subject: A rare call for foreign capital from Libyan leader >Date: Thu, 16 Nov 2000 14:40:12 GMT > > TRIPOLI, Nov 16 (AFP) - Libyan leader Moamer Kadhafi issued a rare call >for >foreign capital, telling a group of investors here that his long-closed >country was open to foreigners' money, state media reported Thursday. > "Libya is serious in its desire to encourage foreign investment and the >participation of foreign capital in joint projects, not only in our country >but also in (the rest of) Africa," Kadhafi told a gathering of some 170 >business representatives, including some from Europe. > "The Libyan economic system is not opposed to investment, development, >foreign capital and foreign participation," the Libyan leader said. > The comments were rare for Kadhafi, who as head of Libya claims to have >built a political system unique to the world. Kadhafi's Jamahiriya, or >People's Authority, has a completely pre-planned economy that is heavily >dependent on oil revenue but has no foreign debt. > A member of the OPEC oil cartel, Libya has a production quota of >1,431,2000 >barrels a day. > In April 1999, the United Nations ended seven years of sanction on Libya >imposed for Tripoli's long refusal to turn over Libyans accused of the 1988 >bombing of a US airliner over Lockerbie, Scotland, that killed 270 people. > But the vehemently anti-US Kadhafi warned investors that they should >oppose >"those who attack development, investment and freedom of trade," accusing >Washington of "through its attacks having prevented the development of >several >countries, ranging from African countries to Yugoslavia." > The Libyan leader said economic development needed "peace, cooperation >and >the abolition of embargoes and threats." > Participants at the Tripoli conference, called "Development and >Investment >in Libya," noted that Libya needs to assure 35 billion dollars of >investment >to carry out a five-year development plan due to start next year. > And Libya needs 150 billion dollars in investment over the next 20 years >if >it to assure at least five percent annual growth, they said. > afg-mh/sct/mb > >_________________________________________________________________________ >Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com. > >Share information about yourself, create your own public profile at >http://profiles.msn.com. > >---------------------------------------------------------------------------- > >To unsubscribe/subscribe or view archives of postings, go to the Gambia-L >Web interface at: http://maelstrom.stjohns.edu/archives/gambia-l.html >You may also send subscription requests to >[log in to unmask] >if you have problems accessing the web interface and remember to write your >full name and e-mail address. >---------------------------------------------------------------------------- _________________________________________________________________________ Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com. Share information about yourself, create your own public profile at http://profiles.msn.com. ---------------------------------------------------------------------------- To unsubscribe/subscribe or view archives of postings, go to the Gambia-L Web interface at: http://maelstrom.stjohns.edu/archives/gambia-l.html You may also send subscription requests to [log in to unmask] if you have problems accessing the web interface and remember to write your full name and e-mail address. ----------------------------------------------------------------------------