When attempting to clone an OVF template from a remote vCenter content library, the following error may be encountered:
Clone library item failure
Failed to retrieve the target content library for cloning
VMware vCenter Server 7.0.0
This issue occurs when the vCenter does not have a local content library configured.
Cloning from a remote content library requires a local target content library to store the cloned OVF template.
To resolve the issue:
Log in to the local vCenter Server.
Navigate to:
Menu > Content Libraries > Create a New Content Library
Create a local content library on this vCenter instance.
Retry cloning the OVF template from the remote content library.
The operation should now complete successfully as the local target is available.