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How to win business in Libya
Key Excerpts from Article on Website of Fox News/Reuters
Posted: September 27th, 2011
http://www.foxbusiness.com/industries/2011/09/23/special-rep...
In August, as rebels fought forces loyal to President Muammar Gaddafi, two representatives of a British business consortium took a "rather long and arduous ferry journey from Malta" to the North African country. The men traveled to Libya at the invitation of the rebel administration. Britain, along with France and the United States, had given political and military support for the uprising against Gaddafi and sponsored the rebel leadership, the National Transitional Council (NTC). This was a chance to close some deals. The visitors keep coming. French President Nicolas Sarkozy and British Prime Minister David Cameron received a heroes' welcome last week when they became the first western leaders to visit since Gaddafi's ouster. Interim leader Abdel Jalil said the rebels' allies could expect preferential treatment in return for their help. It was a clear signal that countries which had not backed the NATO bombing campaign, including Russia, China and Germany, or which were slow to denounce Gaddafi, like Italy, stand to lose out. But if French and British politicians are tallying up the contracts, business executives are leaving little to chance. Dozens of executives from France, Britain, Italy and other countries have spent months building ties with potential Libyan partners. The potential profits are huge.
Note: For a two-page summary of US Marine Corps General Smedley Butler's explanation of the profiteering behind modern wars, click here. For key reports on corporate and government corruption from major media sources, click here and here.
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