“Following consultations with the new government, the United States lifted most unilateral sanctions against Libya. Thanks to the courage and perseverance of the people of Libya, the Gaddafi regime was overthrown and Libya began its transition to democracy “we read in a statement from the White House released Friday.
All funds of the government and the Central Bank of Libya that is under U.S. jurisdiction has been thawed. The assets of Gaddafi and his family remain blocked, says the document.
The armed uprising in Libya lasted almost nine months. Clashes between government troops and rebels have killed thousands and caused enormous losses to the economy of this oil-producing country. On October 20 Muammar Gaddafi was killed near his hometown of Sirte. Moatassem his son died the same day.