Question to the Foreign, Commonwealth & Development Office:
To ask Her Majesty's Government what assessment they have made of the extent to which the government of Libya has complied with UN Security Council Resolutions pertaining to the freezing of Libyan assets, to justify a release of some or all of those assets.
United Nations Security Council Resolution 1970 (2011) decided that all Member States shall freeze assets owned or controlled by individuals or entities listed by the Libya Sanctions Committee. The aim of the Libya asset freeze is to ensure that the frozen funds are preserved until such a time as they can be made available to, and for the benefit of, the people of Libya. Any amendments to the asset freeze will require consensus at the UN and will be judged against this goal.