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  About the Embassy Ambassador Latest News Press Releases Full Text of Assistant Secretary Welch’s Remarks on the U.S.-Libya Comprehensive Claims Settlement Agreement Abbreviated Text of Assistant Secretary Welch’s Briefing on U.S.-Libya Relations Press Statement by Acting Deputy Spokesman on Libya Claims Settlement Press Release on Passage of Legislation on Compensation for Claims

C. David Welch, Assistant Secretary for Near Eastern Affairs

Washington, DC
October 10, 2008

 

ASSISTANT SECRETARY WELCH:  "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."

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