Saturday, August 30, 2008

Paying for the past.

Italy is to provide billions of dollars to Libya as part of a deal to resolve colonial-era disputes, Italian PM Silvio Berlusconi has announced.

At least $5bn will go to help Libyan infrastructure projects over the next 25 years.

Mr Berlusconi is in the port of Benghazi to meet Libyan leader Col Muammar Gaddafi and seal a bilateral friendship and cooperation accord.

Libya was occupied by Italy in 1911 before becoming a colony in the 1930s.

It became independent in 1951.

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