22 Hrs
Source:
عين ليبيا
Libyan-Turkish Maritime Deal and Regional Interests
The article discusses the importance of the maritime agreement signed in November 2019 between Libya and Turkey, and how the proposed amendments to the memorandum could grant Libya broader maritime zones and an expanded continental shelf than the benefits it would have gained if the Greek proposals were approved. Political and parliamentary trends are moving toward voting on the memorandum to legitimize it, while ensuring the protection of sovereignty and the independence of Libya’s oil and water resource management, and removing reservations related to full sovereignty over contracts with international companies. Regional reactions vary: Greece is expected to voice its opposition and escalate diplomatic measures, while Egypt adopts a flexible stance that considers its interests, calling for a regional dialogue involving Libya, Turkey, Greece, and Egypt to guarantee everyone’s rights and to reinforce Libyan sovereignty in accordance with international law of the sea.
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