USA*Engage Endorses Further Easing of Libya Sanctions

Tuesday, 21 September 2004

"Libya has undertaken significant commitments in the past year to dismantle its weapons of mass destruction and to make reparations for past terrorist actions. The Administration's removal of prohibitions yesterday is further recognition that the U.S. plans to reciprocate in good faith when regimes abandon undesirable behavior."

"Yesterday's decision, however, does not remove all the remaining restrictions that prevent U.S. companies from fully engaging in business activities in Libya. If the Libyans continue to cooperate fully, then the U.S. should begin the process of removing them from the U.S. state sponsors of terrorism list. Further, Congress should act promptly to facilitate commercial normalization by restoring the availability of Export-Import Bank loans to U.S. businesses."

"Removal of the remaining unilateral sanctions will permit Americans to fully re-engage with Libya, which will help it become a constructive force in the region, while at the same time benefiting the U.S. economy and our relations in the Arab world."

USA*ENGAGE is a coalition of over 670 small and large businesses, agriculture groups and trade associations working to seek alternatives to the proliferation of unilateral U.S. foreign policy sanctions and to promote the benefits of U.S. engagement abroad. For more information on USA*ENGAGE and the harmful effects of unilateral trade sanctions, visit the USA*ENGAGE web site at