EU Lifts Libyan European Airspace Ban

September 23, 2011

Bookmark and Share

The European Union has lifted a ban on the use of European airports and European airspace by Libyan aircraft as part of wider moves to end sanctions against the North African country.

The EU has also ended an asset freeze on Afriqiyah Airways and agreed to release funds held within the EU by 22 Libyan entities including Libyan Arab Airlines.

The sanctions were lifted following a meeting of world powers in Paris which agreed to free up billions of dollars of frozen assets to help Libya's new rulers rebuild the nation after 42 years of Muammar Gaddafi's rule and six months of civil war.

The EU had imposed sanctions on a wide range of individuals and entities in Libya this year to isolate Gaddafi, who was ousted from power in Tripoli last month.

(Reuters)