U.S-Libya Comprehensive Claims Settlement Agreement
Assistant Secretary Welch (Oct. 31): "I’d like to talk a little bit about these arrangements here in a moment, but first let me step back and say something about the importance of this step. Some time ago, Libya renounced terrorism and took steps to begin to remove itself from the implications that its relationship with past acts of terrorism had. Also, they decided, around the same period of time, to get out of the WMD business, foreswearing weapons of mass destruction." Full Text
Briefing on U.S.-Libya Relations
Assistant Secretary Welch (Oct. 10): "The agreement that we forged with Libya provides for a humanitarian fund which would settle claims on both sides. The total value of that humanitarian fund is to be $1.8 billion, of which 300 million would be for victims – Libyan victims, and one-point – 1,500,000,000 would be for American victims. ...This was agreed between Libya and the United States in the arrangement signed on the 14th of August." Full Text
Fact Sheets on Libya Released September 2, 2008
Libya Claims Settlement
 On August 14, 2008, the United States and Libya signed a comprehensive claims settlement agreement in Tripoli. The agreement is designed to provide rapid recovery of fair compensation for American nationals with terrorism-related claims against Libya. It will also address Libyan claims arising from previous U.S. military actions. Remarks by Assistant Secretary Welch | Press Statement | U.S. Libya Joint Statement |
