Libya — no new momentum in stalled aspirationsHafed Al-GhwellPeople shop at a market in Libya's capital Tripoli. It might be premature to predict how the tenure of the new UN envoy to Libya, Abdoulaye Bathily, will play out but so far the signs are not promising. It might be premature to predict how Bathily’s tenure will play out but so far the signs are not promising. This Washington-backed plan would have oil revenues temporarily held in the National Oil Corporation’s accounts at a Libyan offshore banking institution wholly owned by the country’s central bank. The lack of specificity and the repeated rebuffing of calls to utilize this leverage to resolve Libya’s political and military impasse suggests that this arrangement is borne out of the typical self-interest governing external interventions in Libya.

Source: Libya Today September 24, 2022 19:22 UTC