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G7 finance officials to speed aid to Arab democracies, kickstart Libyan oil production
MARSEILLE, France (AP) ' British Chancellor of the Exchequer George Osborne says financial leaders from the world's most developed nations will discuss ways of accelerating the flow of tens of billions of dollars to help support democracies in North Africa and the Middle East.
Osborne says finance ministers from Europe, the U.S., Canada and rich Arab countries would also commit to boosting trade with the region during talks Saturday.
Osborne spoke to reporters ahead of meetings between Group of Seven finance ministers and the finance ministers of Egypt, Tunisia, Morocco and Jordan, as well as representatives of Libya's National Transitional Council.
Osborne said officials would also commit to lifting sanctions on Libya, unfreezing its assets, and also "significantly get oil production going as quickly as possible."