Libyan Prime Minister Abdul Hamid Dbeibeh on Wednesday proposed a substantial $70 billion economic partnership to Massad Boulos, a special adviser to US President Donald Trump for Africa.
This significant proposal, formalized during their meeting in Tripoli, aims to foster joint cooperation across crucial sectors including energy, minerals, infrastructure, and telecommunications.
Prime Minister Dbeibeh underscored his government’s commitment to building robust economic ties that invite major American companies to participate in significant development and investment projects within Libya.
A detailed outline of this strategic partnership, presented by a Libyan government team, encompasses “ready-to-launch projects” designed for organized and direct American investment into the Libyan market.
Discussions also extensively covered developments in the vital oil sector, specifically exploring opportunities within new offshore and onshore blocks to enhance transparency and ensure sustainable returns.
Beyond economic matters, the officials additionally addressed recent developments concerning the pressing Palestinian issue during their comprehensive talks in the capital.
Prime Minister Dbeibeh expressed Libya’s strong condemnation of the ongoing aggression, heinous crimes, and systematic starvation being tragically inflicted upon the Palestinian people in Gaza.
He urgently stressed the immediate need for an end to aggression, the lifting of the blockade, and crucial protection for all civilians.
The meeting also took place as Libya remains politically divided between two rival administrations: Dbeibeh’s government controls the west, while another governs the east.
The United Nations continues its diligent mediation efforts aimed at unifying national governance and facilitating much-needed countrywide national elections.
