Italy agreed to pay Libya $5 billion as compensation for its 30-year occupation of the country during the 20th century. The money will be invested by Italy over a 25-year period. For VOA, Sabina Castelfranco reports from Rome. The Italian Prime Minister Silvio Berlusconi on Saturday signed a "friendship pact" with Libyan leader Moammar Gadhafi in Libya. Under the pact, Italy agreed to compensate Libya for abuses it committed during its colonial rule of the North African country. Italy will invest $5 billion in Libya in a deal that effectively turns the page on colonial-era disputes that have long...
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Italy to Pay $5 Billion to Libya in Landmark Accord (Colonialism reparations)
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