Leading article: Rebuilding Libya: investors can't call the tune

Share
+More
Related Topics

William Hague was caught between a rock and a hard place in Paris yesterday when he was asked to comment on reports that Italian and French companies are jockeying to get ahead of the British in vying for contracts in a post-Gaddafi Libya.

On the one hand, the Foreign Secretary had to be seen to be sticking up for British commercial interests. But on the other hand the Coalition has gone to great pains to avoid repeating mistakes that contributed to the domestic unpopularity of the Iraq war. One avoidable mistake was giving the impression that Western firms were jumping in to grab the spoils as if the war had been waged for their interests rather than for the people who lived under a brutal dictatorship.

Mr Hague's reply was: "We won't be left behind." Compare and contrast with the promise he made earlier in the day that it will be for the Libyans to decide their country's future. That must mean Libyans deciding which firms get contracts to rebuild the oil industry. Libya needs foreign investment. What they do not need is to discover that they have overthrown a dictator only to have their economy bent into a shape that suits foreign business interests.

React Now

Day In a Page

Read Next
Kennedy declares ‘Ich bin ein Berliner’ in West Berlin in 1963  

Errors and omissions: How a wrong translation became the great Berlin bake-off

Guy Keleny
 

Man About Town: Fake Psy just one bubble in the Cannes champagne

Luke Blackall
James Pembroke: The man who's eaten everywhere

The man who's eaten everywhere

Few people know more about restaurants than James Pembroke, who only spent five mealtimes at home during his entire childhood.
A Berliner in 1963 – but did John F Kennedy once admire Adolf Hitler?

A Berliner in 1963 – but did John F Kennedy once admire Adolf Hitler?

The young JFK praised 'superior' Nordic races during visits to Germany
Banned Iranian director Mohammad Rasoulof to attend Cannes Film Festival 2013, his first public appearance since prison

Banned Iranian director to attend Cannes Film Festival

Mohammad Rasoulof to make his first public appearance since being imprisoned three years ago
Seeing the larger picture: Inspiring images of space

Seeing the larger picture: Inspiring images of space

An exhibition explores images how photography has shaped astronomy
Eat Spam and carry on: Wartime pamphlets could teach us a thing or two about healthy, thrifty eating

Eat Spam and carry on

Wartime pamphlets could teach us a thing or two about healthy, thrifty eating
Facial hair: Cat beards and the purrrsuit of excellence

Facial hair

Cat beards and the purrrsuit of excellence
The 10 Best salt and pepper sets

The 10 Best salt and pepper sets

Whether they're for everyday use or to make your dining table look just right, it's worth getting a stylish shaker...
Ferran Soriano: Predicting success if Manchester City 'vision' is followed

Ferran Soriano: Predicting success if Manchester City 'vision' is followed

Chief executive says trophies will come if a 'core' of suitable players is in place
Thomas Müller: We couldn't handle losing a Champions League Final again

Thomas Müller: We couldn't handle losing a Champions League Final again

The Bayern Munich forward tells Tim Rich his side have to shed chokers' tag after two recent final defeats
Giro d'Italia: The Stelvio Pass - cycling's killer climb

The Stelvio Pass - cycling's killer climb

As the Giro d'Italia tackles the brutal climb, Simon Usborne takes on the snow and switchbacks – and soon realises what the fuss is about
National archives: Edward VIII’s phone calls - and how MI5 bugged them

Edward VIII’s phone calls - and how MI5 bugged them

Newly unearthed papers reveal a shocking extra dimension to the constitutional crisis over monarch’s abdication
Sent down at the Old Bailey: A tour of the world's most famous court

Sent down at the Old Bailey

A tour of the world's most famous court
Hollywood's random acts of red-carpet kindness

Hollywood's random acts of red-carpet kindness

The Hangover actor Zach Galifianakis’s date for his movie premieres isn’t arm candy  – it’s his 87-year-old friend who he saved from homelessness
British football scores an own goal

British football scores an own goal

Many managers barely survive a year in post. Martin Baker talks to experts who make a case for clubs using forensic business skills to find the best staff
James Lawton: Sergio Garcia cracks as major fault line opens up again

James Lawton

Sergio Garcia cracks as major fault line opens up again