Average Outlook

Published October 18th, 2000 - 02:00 GMT

The Camp Ziest trial signifies a new phase in this North African state’s international relations. Libya is already bearing the fruits of relaxed international economic sanctions, as numerous commercial contracts have recently been signed. Foreign interest is strong in this market, which possesses bountiful oil resources and the need to build up an underdeveloped national infrastructure system. Qadhafi and the country’s administration should approach this rare opportunity prudently by accelerating economic reform and solidifying the country’s foreign investment laws. 

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