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[ID:nLDE648081] Switzerland ties with Libya broke down after « Allgemein « USA Routen und Tipps
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[ID:nLDE648081] Switzerland ties with Libya broke down after

Canada Goose Parka Key political canada goose clearance sale risks to watch in Libya

RABAT, Sept 1 (Reuters) An unpredictable succession, suspicion of foreign influence, diplomatic rows, policy cheap canada goose uk uncertainty and the lingering threat of social unrest all pose potential risks for canada goose factory sale investors in oil producer Libya.

canada goose deals Here are some risk factors to watch.

canada goose coats on sale UNCERTAIN SUCCESSION Muammar Gaddafi has led Libya for more than 40 canada goose store years, canada goose uk shop longer than any living African leader. He is in his late 60s, but there is Canada Goose Online no framework for his succession and he has carefully avoided designating a successor. Analysts say he appears to be in good canada goose black friday sale health but that, when he dies, years of instability could follow as competing groups and relatives struggle for supremacy.

canada goose The liberal leaning Saif al Islam Gaddafi, who took a central role in ending Libya stand off with the West, has the highest profile among Gaddafi sons but lacks any official role and Libya experts say he has little support from the army, canadian goose jacket whose endorsement is seen as vital if canada goose uk outlet he is to hold power.

canada goose black friday sale Two other sons, Mutassim and Khamis, are both thought to have stronger power bases in the military. Their policy views, including on the economy and outside investment, remain unknown but Libya watchers see Mutassim Libya National canada goose coats Security Adviser as close to the old guard that opposes many of the reforms proposed by Saif al Islam.

buy canada goose jacket cheap What to watch:

canada goose clearance sale Whether Saif al Islam becomes Canada Goose online head of the Social Popular Leadership, making him the country de facto second in command. Analysts say he turned https://www.cheapcanadagoose.net the job down last year because it Canada Goose Jackets might still not give him the power he needs to push through reforms.

Canada Goose online Supporters of Saif al Islam say he canada goose clearance plans to try to have canada goose online outlet a constitution adopted to set up formal institutions instead of the complex web of informal spheres of influence on which his father system is based. If he goes ahead with his plan, that could indicate he is staking a stronger claim to the succession.

canada goose clearance The fluctuating fortunes of Saif al Islam media and other projects. [ID:nLDE6671WP]

Canada Goose sale BUSINESS OPPORTUNITIES: As oil money swells the coffers after years of austerity, foreign firms are jostling for billions uk canada goose outlet of dollars of potential deals in housing, transport infrastructure, telecoms and public services. [ID:nLDE6491DH] But the environment is fraught with dangers, from bureaucratic lethargy to a captive judiciary and risks tied to land ownership and changing business rules.

canada goose coats Business friendly reforms are stalled and Libya sits in 130th place out of 180 countries in Transparency International 2009 Corruption Perceptions Index.

Canada Goose Jackets Diplomatic hiccups can quickly have a devastating effect on companies operating in Libya. [ID:nLDE648081] Switzerland ties with Libya broke down after the brief arrest of another son of Gaddafi, Hannibal, in Geneva in 2008 and the dispute drew in the European Union, United States and major energy firms.

Canada Goose Outlet Libya stopped oil exports to Switzerland and withdrew assets from Swiss banks. In March this year, it canada goose uk black friday imposed a trade and economic embargo on Switzerland, dealing a blow to Swiss business interests in Libya. The two governments agreed to patch up relations and a Swiss businessman caught in the dispute was allowed home after Canada Goose sale being held for nearly two years in Tripoli. oil companies with unnamed consequences in response to caustic comments about Gaddafi made by a Washington official. The official later apologised. [ID:nLDE6291FQ]

What to watch:

canada goose store Rising oil prices would give the government more money for its investment programme. But they could also dull the incentive to make Libya more attractive for investors.

Any signs that smaller companies are beginning to invest in Libya. So far it is viewed as the preserve of big uk canada goose multinationals that benefit from intense government lobbying and are diversified enough to spread their risks.

Any sign that Saif cheap Canada Goose al Islam reformist camp is weakening buy canada goose jacket might encourage the government of Prime Minister Al Baghdadi Ali al Mahmoudi to take a more protectionist line on inward investment and tighten terms for foreign business.

cheap Canada Goose Signs the leadership is trying to forge buy canada goose jacket cheap a coherent vision for the economy. The country state run markets are now crammed with foreign consumer goods but a nebulous system of central economic planning and wealth distribution remains. Gaddafi still cherishes his vision of Islamic Socialism, with its system of grass roots government by town hall committees in which political parties are banned. Canada Goose Coats On Sale Saif al Islam has commissioned successive reform plans from Western consultancies but their free market vision is resisted by the powerful old guard.

TOXIC PAST Libya was for decades the subject of international sanctions, and Western governments have accused it in the past of seeking weapons of mass destruction and of having ties to violent militant groups. Muammar Canada Goose Parka Gaddafi renounced these policies and, soon after, sanctions were lifted.

canadian goose jacket Most Western countries have shown a willingness to play down Libya past in return for lucrative deals. canada goose coats on sale However, Libya past can come back Canada Goose Outlet to haunt firms who do business there. He is the Libyan intelligence officer convicted of the 1988 bombing of Pan Am flight 103 over Lockerbie, canada goose Scotland. [ID:nN2785425]. BP said in August it was delaying plans to drill offshore in Libya until later this year. It did not say why.

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