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BRIEFLY

The Treasury elaborated on its Libyan policy.

June 05, 1986

"While the oil companies, as well as other companies, will be required to terminate completely their operations in Libya by June 30, they will be permitted to continue negotiations with the government of Libya for the sale of their Libyan assets beyond that date," the Treasury Department said last week. However, those businesses must do their negotiating outside of Libya, Treasury Department spokesman Charles Powers said.

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