US to Treat Rebel Council as 'Legal Government'
The latest in a long line of Western nations to do so, the Obama Administration today announced that it is formally recognizing the East Libyan rebel faction as the “legal government” of Libya.
The recognition in and of itself likely will mean very little, except for establishing formal diplomatic ties with the rebels as a government instead of simply a rebel faction. This is particularly meaningful since the US and its allies are currently bombing the nation.
But the real significance could be a financial one, as billions of dollars in assets frozen by the US and other western nations, including the personal assets of Moammar Gadhafi, could soon be transferred to the self proclaimed leadership council of the rebels.
The funds could help the rebels in fighting the civil war, but any government funds used in the conflict will not be available for post-war reconstruction. Given NATO’s recent proclivity toward attacking Libya’s oil infrastructure, this could be extremely expensive.
Last 5 posts by Jason Ditz
- US Ground Troops Likely to Join Iraq's Attack on Mosul - February 19th, 2015
- Obama: Defeating ISIS Hinges on Syria Regime Change - February 19th, 2015
- Ukraine Claims Increased Death Toll in Loss of Debaltseve - February 19th, 2015
- Netanyahu on Collision Course With White House Over Iran - February 19th, 2015
- Syrian Kurds, Rebels Advance Into ISIS Territory in Raqqa - February 19th, 2015