William Hague, the British foreign secretary, called for a regional financial mechanism to support Libyan rebels in their campaign against Muammar Gaddafi.<br /><br />"I hope we can agree to set up a temporary financial mechanism in the region for the benefit of the Interim National Council-controlled areas of Libya," he said, referring to the rebels' shadow government.<br /><br />Hague said Britain also hoped the meeting would agree "how best to plan the stabilisation" of Libya.<br /><br />"I hope we will agree to endorse the principles set out by the Interim National Council for a political process leading to a democratic Libya," he said.<br /><br />"We should also move forward quickly to ensure that nations wishing to support the Interim National Council in meeting its public sector tasks do so in a transparent manner," Hague added.
