Middle East Economic Survey

VOL. XLVIII

No 23

6-June-2005

Libya

Some Export Credit Agencies Still Facing Restrictions On Libya

Despite the lifting of UN sanctions on Libya in 2003 and the re-entry into the Libyan market of some of the worlds largest oil producers, a number of export credit agencies (ECAs) do not yet have the green light from their respective governments to provide services to the country. ECA Export-Import Bank of the US (Ex-Im), for example, is not yet authorized by the US...