Venezuela, Libya establish taskforce

During the establishment of the First Venezuela-Libya Joint Committee, Ali Yousef Zefri, the secretary of the Libyan General People's Committee of Industries and Minerals, talked about the need for a bilateral investment agreement against double taxation. In this way, said the official during the meeting, additional agreements could be implemented in the areas of energy, mining, education, tourism, culture, communications, and political and economic affairs, among others. Venezuelan Vice-Minister for African Affairs Reinaldo Bolívar pointed before the bilateral talks to the common purpose of a "strategic agenda" to benefit both countries and bolster the South-South dialogue. The Libyan government official said that the financial crisis in the United States will cause a global "catastrophe." In his opinion, "people's socialism is the only way" to solve economic, financial and economic troubles. "We should make changes throughout the world against wild liberalism."