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$ 5 billion in compensation for colonial misdeeds to Libya |
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Sunday, 31 August 2008 |
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Libya and Italy signed an agreement yesterday under which Italy will pay $ 5 billion in compensation for colonial misdeeds during its decades-long rule of the North African country.
The Italian Prime Minister Silvio Berlusconi said during the signing ceremony that "the agreement is a complete and moral acknowledgement of the damage inflicted on Libya by Italy during the colonial era".
Meanwhile, the Libyan leader Muammar Ghadaffi said this "opens the door to the future co-operation and partnership between Italy and Libya."
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