Atwasat

US Department of State: Significant progress in Washington's consultations to unify Libyan economic institutions




Alwasat - Cairo Thu 17 Oct 2019, 10:30 PM
alwasat radio

Consultations in Washington between Libyan officials and their US counterparts to discuss specific measures to increase transparency and accountability in Libyan economic institutions have made "significant progress," the State Department said Wednesday.

"US and Libyan officials met in Washington to discuss specific measures to increase transparency and accountability in Libyan economic and energy institutions, support unified governance of sovereign institutions and secure stable funding for Libya's energy sector," the State Department spokesman said in a statement received by Alwasat.

The statement added that participants in the meeting reaffirmed the need for all sovereign institutions, including the National Oil Corporation and the Central Bank of Libya, to be unified, unpoliticized and technically competent to act on behalf of all Libyans.

Adding: "Libyan participants also agreed to "proceed with plans to maintain and develop the energy sector and cooperate with international financial institutions to enhance transparency and efficiency."

"The United States looks forward to engaging with Libyan stakeholders in the economic and energy sectors in the coming months to ensure continued significant progress today," the State Department said.

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