Libya

Greg Mulholland Excerpts
Tuesday 19th April 2016

(8 years, 7 months ago)

Commons Chamber
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Greg Mulholland Portrait Greg Mulholland (Leeds North West) (LD)
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The Global Initiative Against Transnational Organised Crime estimated that the illegal migrant trade is worth $255 million to $323 million a year, so the £10 million is a hugely welcome contribution towards stopping that awful trade. Will the right hon. Gentleman confirm that it will also help to plug that gap in Libya’s economy so that its purpose will be positive?

Lord Hammond of Runnymede Portrait Mr Hammond
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As I have said before, Libya is potentially a rich country. It has significant oil and gas wealth and significant assets, so if the Government can get their assets unfrozen, they will not lack cash. The £10 million is a UK technical assistance fund. It will fund experts, the commissioning of studies and advice to the Libyan Government in the areas that I outlined.