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عين ليبيا
Source: عين ليبيا
5 Hrsعين ليبيا
Source: عين ليبيا
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Amendments to the international sanctions regime relating to Libya took effect in Hong Kong on 6 November 2026, implementing Security Council Resolution 2819. They aim to tighten oversight of Libyan oil exports and prevent them from being smuggled outside legal channels. The resolution extended the international mandate to combat illicit exports until 1 August 2027 and confirmed that proceeds from oil sales must pass through the National Oil Corporation’s accounts at the Libyan Foreign Bank. It also allows sanctions to be imposed on those involved in smuggling. In addition, it authorises the Libyan Investment Authority to transfer frozen assets between custodians within the same jurisdiction, subject to approval by the Sanctions Committee, without unfreezing those assets.
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