The Origin of US Sanctions Against Libya
On March 5, 1996, President Bill Clinton signed a significant legislative measure in the framework of U.S. foreign policy aimed at limiting the influence of certain nations in the global energy sector. This legislation specifically targeted non-US companies investing over $40 million annually in the energy sectors of Libya and Iran, intensifying economic sanctions that were already in place against these nations. The underlying motivation for these sanctions was rooted in concerns over terrorism and illicit activities attributed to the Libyan government, exemplified by its alleged involvement in the 1988 Lockerbie bombing.
Continue with Google