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UN hosts talks in Tripoli to resolve Libya's central bank crisis

  • The United Nations held talks in Tripoli with rival powers in Libya regarding the country's central bank crisis that jeopardizes oil income.
  • The UN Support Mission in Libya facilitated separate discussions described as "marked by open and candid dialogue."
  • The talks concluded with "significant understandings," and the sides agreed to submit a draft agreement for review, aiming to finalize it on Tuesday.
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The crisis occurred when the government in western Libya decided to fire the Governor of CBL, causing the government in the east to decide to block all production and export of crude oil in Libya.Libya restores production at some oil fields.A series of oil fields in Libya are blocked due to disputes.World oil prices skyrocketed 3% due to supply disruptions in Libya.

Tuesday, September 3, 2024 - 04:10 Libya: UN-brokered talks to resolve the Central Bank crisis By Agence Belga The UN announced that it had held talks on Monday with the two rival executives in Libya, whose disputes led to a crisis in the governance of the Central Bank and fears around the oil sector. Zen reading The UN Support Mission in Libya (Manul) explained that it had met separately with the parties for discussions “marked by open an…

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LibyaReview broke the news in on Monday, September 2, 2024.
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