HC Deb 20 April 1999 vol 329 cc503-4W
Mr. Austin

To ask the Secretary of State for Trade and Industry what steps he is taking to promote exports to and trade with Libya. [80806]

Mr. Wilson

[holding answer 16 April 1999]Following the end of UNSC sanctions, I am considering a range of support for UK companies wishing to trade with Libya. Our response to the end of sanctions will be a positive one.

There remain issues to be resolved, including those arising from the WPC Fletcher case. We hope that these can be resolved successfully, so that we can move further towards restoring full diplomatic relations.

Mr. Austin

To ask the Secretary of State for Trade and Industry what assessment he has made of the benefits to British manufacturers of the ending of sanctions against Libya; and if he will make a statement. [80805]

Mr. Wilson

[holding answer 16 April 1999]I believe there will be considerable commercial benefits to both Libya and the UK arising from the ending of UNSC sanctions. Libya has long been a traditional trading and investment partner of the UK in the Middle East. It is my hope that our long commercial history will give a sound foundation from which to re-build that relationship and restore Libya as one of our principle trading partners in the Middle East.

I also welcome the fact that many Libyans continue to look to the UK for education and training opportunities.

There is no doubt that Libya's economy is a large, diverse and sophisticated one which will offer many opportunities for the UK across a range of sectors.

Mr. Austin

To ask the Secretary of State for Trade and Industry if he will establish a one-stop-shop to provide information, advice and support to British companies wishing to trade with Libya. [80804]

Mr. Wilson

[holding answer 16 April 1999]The Department's trade desk for Libya will provide advice and support for British companies. Its contact details are:

  • Libya Trade Desk
  • Bay 413
  • Kingsgate House
  • 66–74 Victoria Street London
  • SWIE 6SW
  • Telephone: 0171 215 8216
  • Facsimile: 0171 215 4904.

Inquiries about the sectors covered by the recently suspended UNSC sanctions and EC Regulations should be directed to:

  • DTI Sanctions Licensing Unit
  • Telephone: 0171 215 8512
  • Facsimile: 0171 215 8386.

Inquiries about the impact of the suspension of sanctions in the financial sector should be addressed to:

  • Bank of England Sanctions Emergency Unit
  • Telephone: 0171 601 4607/4768
  • Facsimile: 0171 601 4309.