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Libyan Royal Family Member Prince Mahdi al-Senussi on efforts to redevelop the country’s economy.
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If there's one market that the United States consumer -- it is the oil and definitely markets because that matters.
To them how much they will spend -- before -- has warned they were exported one point four.
Million barrels per day.
After it was just under 500000 -- a lot of oil's been taken off the market but one man and his family have been entrusted to reinvigorate it with big economy.
And in -- first business network exclusive worldwide we are joined by royal prince Al sentencing of the proposed royal family of -- thank you for being here.
We're honored to have him.
Thank you -- what happened you know that you've been living in this country for decades doing high finance investment banking all kinds of things do with money.
What is your new effort to get back to your country and help out.
Really -- be focused on economic development.
Apt be focusing on bringing in all my friends here and walk free -- come and help develop our country to put people back to work.
-- anticipate what our people to create and the framework.
That can bring -- back to them the data today at an active community.
How long do you estimate it will take to get oil production back up to the one point what was at one point six million barrels per day.
That it used to be a.
And I believe it's gonna take some time -- a little bit I think it may be an 88 to ten month.
We'll take that much that would have to to bring it back remember.
We have we had to -- brutal dictator the former regime destroyed the infrastructure of Libya.
Destroy the foundation of Libya and things a bit of Latin community United States France England and other countries who helped.
You know Friedman yet -- -- that brutal dictator.
And that's going to be you and your royal family when was the last time you were there.
I would they have 42 years ago I would very young kids.
I left Libya.
I would that -- -- over feet now gone to school in England.
And and then we we've learned that there that -- -- and we don't continue to live part of the.
Problem and and it's a solicitation and a way for international business people to invest in Libya.
You're gonna have a problem with Americans because.
George Bush's administration had opened up trade routes from the US and it was -- -- to -- -- Libya and what are they do.
The Libyan government Qaddafi housed -- -- -- who of course was the Lockerbie bomber.
What would you do with Thelma rocky to ensure that there would be more confidence for US investors to say.
That -- is not a terrorist harboring nation.
Anymore.
Of the boat lift yes we have never been a terrorist hours that we believe that the formal review -- Libya.
Have a track record.
That back destination.
Creative spirit activity all all around the world of what what -- -- got we will we will hand back.
Could megrahi back.
Do they just did and didn't and and also we will not open that gate again we will we will invite the American.
The banking investment finance the community to come in and build out country and bomb -- -- eighteen months ago and they've done that and we will not.
All of that even if you're pulling -- his -- where he's hooked up to ideas that we saw on CNN I mean it was it people don't care they they were told this -- six months to live meantime a year and a half later he's still alive and there are Americans here who were furious about.
I really understand I understand how if I have a loved one in that position I want -- -- and I want being.
And I want to have a close.
We will we what I'm sure that current government the redeem Olivia right today.
Date they are working very hard to come do find harmony with the with the with the bandwidth of that ban -- -- And finally -- your royal highness.
Qaddafi is He still in Libya and when will -- be caught I know that's a tough question but that also.
Means that yes or no for investment from foreign countries.
Ted dot the is not leave I want to send them messages to our international business community could -- if Bennett it hit they will never come back again.
-- that -- -- to be caught up numbered.
He had He will face justice to Libya.
Start to quote they have the have -- a lot of people debate crimes against humanity and then we have a debate about them.
Pan -- 103 Lockerby of what we have -- completed from the very beginning.
Well a guy -- high finance is the guy now entrusted to reinvigorate the economy of would be and with a lot of Americans who.
Put their lives on the line to make sure that the bad guys were kicked out will be watching very closely thank you so much for joining us thank you had him.
The royal prince of Libya who has not been there since He was an eleven years old -- is going back next month.
-- -- -- -- Thank you -- -- thought about thank you for having me I'm glad to be here I want to invite.
All of the financial banking and investment community to come to Libya.
And and and rebuild our country and that this debate and economic development thank you very much keep us posted David.
