News story

UK Export Finance demonstrates its commitment to Libyan reconstruction

UKEF increases risk capacity for Libya to 拢375 million.

From:
UK Export Finance
Published
15 December 2011
This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

UK Export Finance has increased its risk capacity for Libya to 拢375 million 鈥� up from the 拢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:

鈥淭his 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.鈥�

Updates to this page

Published 15 December 2011