Libya and Saudi Arabia plan joint council
The Libyan National Unity Government delegation in Riyadh discussed the developments in global oil markets and the challenges facing supply security, emphasizing the importance of coordination among countries to maintain market stability and ensure energy flows. They also discussed enhancing economic and investment cooperation between Libya and Saudi Arabia through the launch of the Libyan-Saudi Business Council and the development of partnerships. Additionally, they coordinated efforts to support and finance development projects in Libya via the Islamic Development Bank. These steps are part of Libya's efforts to expand its international presence in energy and economy sectors and to strengthen international partnerships to support economic development.
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