RealNews

Bush Eases Many Sanctions on Libya in WMD Reward

President Bush dramatically eased the U.S. trade embargo on Libya on Friday to allow U.S. companies to resume most trade and buy Libyan oil as a reward to Tripoli for giving up weapons of mass destruction. Bush also withdrew the U.S. objection to Libya entering the World Trade Organization, the latest sign of warming U.S.-Libyan ties since Tripoli’s Dec. 19 announcement that it would cease pursing chemical, biological and nuclear weapons. “Through its actions, Libya has set a standard that we hope other nations will emulate in rejecting weapons of mass destruction,” the White House said in a statement. “Libyan actions … have made our country and the world safer.” Full Story

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