Reactions within and outside Libya over deal with Turkey
The signing of the memorandum between the government of national unity of Libya based in Tripoli and Turkey did not have the triumphal character that Turkish officials and Turkish media tried to give it, diplomatic sources reported and noted that there was a series of strong reactions inside and outside Libya. First of all, there was the “removal” of the competent Minister of Petroleum, who had expressed reservations – “observations,” as he called them – regarding the draft of the memorandum that was finally signed. The Libyan Minister of Economy, in a last-minute move, it seems, acquired the relevant powers and signed on behalf of the government of national unity, at a time when the minister that was really responsible was in South Africa. The same sources underlined the reference of the Libyan Foreign Ministry, during the joint press conference with its Turkish counterpart, where it stated that the Turkish-Libyan “memorandum” of 2019 has not yet been ratified. Egypt’s reaction was also immediate, which also directly questioned the legitimacy of Monday’s memorandum.
Source:Libya Today
October 04, 2022 11:08 UTC
Greece: Turkey trying to “fabricate a reality” with “illegal” Libya deal
“This is not the first time that Turkey appears to be ignoring the international context and trying to create precedents. However, no matter however often it tries to fabricate a reality with fiction and lies, it does not mean that this reality will be accepted and embraced by others. In this case, Turkey is trying to fabricate a reality around something that is illegal, and this has been acknowledged, accepted and agreed by all the major international players and international organizations,” Oikonomou told Greek state broadcaster ERT. “The Greek prime minister has never avoided or expressed his opposition to dialogue, to a discussion with very clear positions, very clear red lines,” he added. Relations between Greece and Turkey are at their worst in years, with Turkey issuing thinly veiled threats to invade Greece’s Aegean Sea islands.
Source:Libya Today
October 04, 2022 10:35 UTC
Libya's Central Bank denies adjusting exchange rate of the dinar
The Central Bank of Libya (CBL) issued a statement on Monday denying adjusting the exchange rate of the Libyan dinar, stressing the continuation of work at the current exchange rate that was established under Board Resolution No. (01) of 2020. The Board of Directors of the CBL (parallel branch) in Al-Bayda announced earlier on Monday the adjournment of the Libyan dinar's exchange rate in a decision (No. 08) dated September 22 so that one US dollar became worth 4.26 dinars, compared to the CBL (in Tripoli) rate of 5 dinars. The statement said the new rate will be in effect starting October 16.
Source:Libya Observer
October 04, 2022 09:48 UTC
Egypt increases volume of exports, achieve self-sufficiency via increased investment
CAIRO - 4 October 2022: Egypt seeks to increase the volume of exports abroad by increasing production, in addition to achieving self-sufficiency in many products through increased investment. According to Ahmed Abdel Hamid, the Head of the Building Materials Division of the Federation of Industries, "there is an exceptional circumstance in the industry and economy in the world, but Egypt is able to exceed this period." He added, during telephone call with a TV show on Sada el-Balad TV Channel, that increasing exports to $100 billion is the great dream of President Sisi. He stressed that exports are the magic door to obtaining foreign currencies and solving problems, explaining that Libya, Iraq and Yemen are good futures for obtaining building materials that are produced in Egypt, such as cement and ceramics. Meanwhile, Ashraf El-Jazairy, head of the Chamber of Food Industries, said that the cabinet meeting with the industry bodes well in support of industry and solving industry problems in Egypt, adding that we seek to reach $100 billion in exports to foreign countries.
Source:Libya Today
October 04, 2022 07:51 UTC
HoR Speaker: Any agreement signed by Dbeibah's government is illegal
The Speaker of the House of Representatives (HoR) Aqila Saleh rejected the signing of any agreements or MoUs by the Government of National Unity (GNU) headed by Abdul Hamid Dbeibah, saying any signed agreements would not be abiding for the state of Libya. The Libyan Government of National Unity (GNU) has signed two memoranda of understanding (MoU) in energy and gas cooperation with Turkey. The signing of the MoUs was done by Foreign Ministers and Economy and Trade Ministers of Libya and Turkey. "Signing treaties and agreements is made by the head of state or the parliament. So, any agreements should be signed with the legitimate government that is given confidence by the HoR."
Source:Libya Observer
October 04, 2022 06:17 UTC
Tension amid Turkey, Libya hydrocarbon memorandum
Libya and Turkey signed a memorandum of understanding for exploring hydrocarbons in Libyan territorial waters and territory on Monday, amid objections from Greece and France. Turkish Foreign Minister Mevlut Cavusoglu, in response to a question on the objections of Greece and France to the deal, said, “the agreements we signed in the past, the agreements we signed today, are agreements signed between two sovereign states, Libya and Turkey, with a win-win approach. In addition, the EU adds that its position on the 2019 Turkey-Libya MoU on the delimitation of maritime jurisdiction areas in the Mediterranean remains unchanged. The EU statement concludes by noting that “the new agreement has not yet been made public. Actions that could undermine regional stability should be avoided.”(Spiros Sideris | EURACTIV.gr)
Source:Libya Today
October 04, 2022 04:51 UTC
Türkiye, Libya sign agreements on hydrocarbon, gas
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Source:Libya Today
October 04, 2022 03:00 UTC
Turkey-Libya Preliminary Deal Prompts Greece, Egypt to Push Back - Latest Tweet by Reuters
Turkey-Libya preliminary deal prompts Greece, Egypt to push back https://t.co/hPavCO27ph pic.twitter.com/r98VKypOgo— Reuters (@Reuters) October 3, 2022(SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)
Source:Libya Today
October 04, 2022 01:23 UTC
Greece questions legitimacy of Turkey-Libya preliminary maritime energy deal
Greece’s Foreign Minister, Nikos Dendias, has questioned the legitimacy of the recent memorandum of understanding (MOU) signed between Turkey and Libya’s government of national unity. According to Ekathimerini, Libya’s Tripoli government signed a series of preliminary economic agreements with Turkey on Monday that included potential energy exploration in maritime areas. That zone envisaged the two countries sharing a maritime border but was attacked by Greece and Cyprus and criticised by Egypt and Israel. Dendias also brought up Greece’s concerns with his Egyptian counterpart, Sameh Shoukry, during a telephone conversation on Monday. READ MORE: Turkey and Libya recommit to contested maritime borders deal, angering Greece.
Source:Libya Today
October 03, 2022 21:01 UTC
Turkey and Libya sign maritime hydrocarbons deal
October 3, 2022 — Tripoli (AFP)Turkey's foreign minister signed a deal in Libya's capital Monday allowing for oil and gas exploration in Libya's Mediterranean waters, three years after a maritime border deal that angered European nations. The deal follows an agreement Turkey signed with authorities in Tripoli in 2019, which demarcated the countries' shared maritime borders but sparked anger in Greece and Cyprus. The deal came at the height of a year-long battle between rival governments vying for control of Libya's capital. Turkey continues to play a major role in Libya's west, where rival governments are again struggling for control two years after the end of the last major conflict. Athens was fiercely opposed to the 2019 deal between Ankara and Tripoli.
Source:Libya Today
October 03, 2022 20:48 UTC
Turkey and Libyan government agree preliminary maritime energy deal
TRIPOLI, Oct 3 (Reuters) - Libya's Tripoli government signed a series of preliminary economic agreements with Turkey on Monday that included potential energy exploration in maritime areas, but Libya's eastern-based parliament rejected the move. Speaking at a ceremony in Tripoli, Turkish Foreign Minister Mevlut Cavusoglu and Libyan Foreign Minister Najla Mangoush said they had signed memorandums of understanding aimed at benefiting both countries. That zone envisaged the two countries sharing a maritime border but was attacked by Greece and Cyprus and criticised by Egypt and Israel. "It does not matter what they think," said Cavusoglu when asked if other countries might object to the new memorandum of understanding. Turkey has been a significant supporter of the Tripoli-based Government of National Unity (GNU) under Abdulhamid al-Dbeibah, whose legitimacy is disputed by the Libyan parliament, which backs an alternative administration.
Source:Libya Today
October 03, 2022 20:34 UTC
Libya exhumes 42 bodies from mass grave in Sirte
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Source:Libya Today
October 03, 2022 20:31 UTC
Mali, Libya top destinations for Nigerian youth migrants -NAPTIP
The National Agency for the Prohibition of Trafficking in Persons (NAPTIP) has said Mali, Libya and the United Arab Emirate (UAE) are top on the list of countries Nigerians, especially the youths, migrate to. The Director General NAPTIP, Dr. Fatima Waziri-Azi, said this at the Nasrul-Lahi-I-Fatih Society of Nigeria (NASFAT) Youth Wing 2022 Global Youth Seminar (GYS), which had as its theme: ‘Japa Syndrome: The Pains and Gains’. The five-year data shows that Mali recorded 218; Libya 125, UAE 96, Benin Republic 76, Burkina Faso 63 and Ghana 60 among others. Pains of the JAPA Syndrome. Also, the National Youth Secretary of NASFAT, Alhaji Kabir Raji, said that the third edition of seminar was to address the challenges of brain drain (JAPA Syndrome), legal and illegal migration of Nigerian youth from the country and proffering possible solutions to those charged with governance and the citizens.
Source:Libya Today
October 03, 2022 20:28 UTC
Turkey-Libya preliminary deal to increase tensions with Greece
Libya’s Tripoli government signed a preliminary deal on energy exploration on Monday, prompting Greece and Egypt to say they would oppose any activity in disputed areas of the eastern Mediterranean. Speaking at a ceremony in Tripoli, Turkish Foreign Minister Mevlut Cavusoglu and Libyan Foreign Minister Najla Mangoush said the deal was one of several in a memorandum of understanding on economic issues aimed at benefiting both countries. “It does not matter what they think,” said Cavusoglu when asked if other countries might object to the new memorandum of understanding. An Egyptian foreign ministry’s statement said on Monday that Foreign Minister Sameh Shoukry received a phone call from his Greek counterpart, Nikos Dendias, where they discussed the developments in Libya. Turkey has been a significant supporter of the Tripoli-based Government of National Unity (GNU) under Abdulhamid al-Dbeibah, whose legitimacy is rejected by the Libyan parliament.
Source:Libya Today
October 03, 2022 19:11 UTC
Turkiye, Libya sign agreements on hydrocarbon, gas
Stressing the strong ties between Turkiye and Libya, the Turkish Foreign Minister announced in Tripoli on Monday the signing of Memorandums of Understanding on hydrocarbon and gas between the two countries. On the countries' November 2019 maritime jurisdiction agreement, Cavusoglu said the pact secures the interests of both Turkiye and Libya. "The agreements signed today and before are agreements between two sovereign States, Turkiye and Libya, with a win-win understanding," he said. This is highly important, not only for national unity, but also for political stability, and Turkey places great importance on this," he added. For lasting stability in Libya, Turkiye deems the holding of free, fair, nationwide elections as soon as possible, crucial in line with the aspirations of the Libyan people.
Source:Libya Today
October 03, 2022 18:39 UTC