VOL. XXXVI

NO. 32

10-MAY-1993

LIBYA

Libya Plans To Direct Investments To Asia, Says Muntasir

Mr. 'Umar al-Muntasir, the Libyan Foreign Secretary (Minister), told a pressconference in Kuala Lumpur, Malaysia, on 5 May that his country plans toredirect its foreign investments from Europe to Asia. "We will be pullingout our substantial investments in Europe and redirecting them to Asia...we donot want to put all our eggs in one basket," he said, adding that "theUS used to be the number one market for...