France and others hail Libyan move on investment body

Libya – Joint statement on Libya by the Governments of France, Germany, Italy, Spain, the United Kingdom and the United States¹

Paris, 17 August 2016

The governments of France, Germany, Italy, Spain, the United Kingdom and the United States welcome the announcement by the Presidency Council of the Libyan Government of National Accord (GNA) appointing an Interim Steering Committee of the Libyan Investment Authority (LIA).

The LIA has a vital role to safeguard Libya’s assets for the long-term benefit of the Libyan people. The governments of France, Germany, Italy, Spain, the United Kingdom and the United States recall that UN Security Council Resolution 2259 stressed the need for the Government of National Accord to exercise sole and effective oversight over the National Oil Company, the Central Bank of Libya and the Libyan Investment Authority as a matter of urgency, and highlighted the importance of these institutions continuing to function for the benefit of all Libyans.

The governments of France, Germany, Italy, Spain, the United Kingdom and the United States call on all Libyans to support the GNA in preserving and protecting the independence and integrity of the Libyan financial institutions for the benefit of all Libyans./.

¹Source of English text: UK government website.

Published on 18/08/2016

top of the page