Yemen, Libya strike deal

TRIPOLI, Aug 11 (Saba) - Yemen and Libya have signed an agreement
under which Libya will set up a 400 megawatt electricity station in
Yemen.

The agreement was signed by the two countries General People's
Congress parties.

According to the agreement, the countries will also increase the
capital of the Yemeni-Libyan Holding Company to at least $ 100
million and that the construction of the station starts before the
end of 2008.

The two parties also agreed to implement agreements signed in the
past and that provided for swapping expertise between their bodies
particularly in areas such as media, research, youth activities and
women support.