German minister heads to Libya to drum up business

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Germany's economy minister and vice chancellor will travel to Libya later this week, Berlin announced Tuesday, in a bid to drum up business and offer aid in rebuilding the war-torn nation.

Philipp Roesler will fly to Tripoli on Wednesday for a two-day visit along with German business leaders eyeing opportunities in the oil-rich country.

"German business can and will play a part in the rebuilding of Libya. Therefore, we are working to ensure that German firms can resume their business relationships in Libya without significant delay," said Roesler.

Roesler will meet top members of Libya's ruling National Transitional Council, including its leader, Mustafa Abdel Jalil, and the ministers responsible for oil, economy, health and finance.

"The federal government is backing the new Libya. Therefore it is important to offer support and help to the new Libyan government," Roesler said.

Germany imported oil from Libya worth some three billion euros in 2010 ($4 billion). Its main export was machines.

© 2011 AFP

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