Libyan Leader Mu'ammar Qadhafi Takes on Coca Cola and Pepsi: They Take Cheap Raw Material from Africa and Sell It Back to Us for a High Price

Following are excerpts from an address by Libyan leader Mu'ammar Qadhafi in Conakry, Guinea, which aired on Libyan TV on June 25, 2007.

Mu'ammar Qadhafi: Have you heard of Pepsi Cola? I am sure you have. Have you heard of Coca Cola? Whenever I ask about Pepsi Cola or Coca Cola, people immediately say it's an American and European drink. This is not true. The cola is African. They have taken the cheap raw material from us... They produced it, they made it into a drink, and they sell it to us for a high price. Why are Pepsi Cola and Coca Cola expensive? Because they have taken our cola, produced it, and sold it back to us. We should produce it ourselves and sell it to them.