UK Export Finance demonstrates its commitment to Libyan reconstruction
UK Export Finance has increased its risk capacity for Libya to £375 million – up from the £150 million made available immediately after hostilities ended in September.
The increase was announced by the Minister for Trade, Lord Green, at the UKTI conference Rebuilding Libya: The Opportunities for British Business.
UK Export Finance chief economist Paul Radford said:
“This increase reflects the improvements in stability we have seen since the end of hostilities. As well as increasing our capacity to support British businesses, it sends a clear signal that the UK Government will do all it can to support the Libyan people in rebuilding their country.”
The full text of Lord Green’s speech is available from the right hand side of the page.
