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Libyan Prime Minister Proposes $70 Billion Economic Partnership to Trump Adviser

Tripoli: Libyan Prime Minister Abdul Hamid Dbeibeh proposed a $70 billion economic partnership to Massad Boulos, a special adviser to US President Donald Trump for Africa, during a meeting in Tripoli. The meeting, as reported by Libya's official Hakomitna platform on Facebook, focused on exploring opportunities for cooperation in various sectors such as energy, minerals, infrastructure, health, and telecommunications.

According to Anadolu Agency, Dbeibeh emphasized his government's dedication to fostering economic partnerships with the United States, aiming to create avenues for major American companies to engage in investment projects within Libya. A Libyan government team presented a comprehensive plan for the strategic economic partnership, highlighting projects ready for immediate commencement in key sectors, facilitating a systematic entry for American investments into the Libyan market.

Discussions also covered developments in Libya's oil sector, exploring new offshore and onshore opportunities and addressing transparency and sustainable returns within the energy framework. Additionally, the meeting included deliberations on the Palestinian issue, where Dbeibeh condemned the ongoing aggression in Gaza and called for an end to hostilities, lifting of blockades, and protection of civilians.

Libya is currently divided between two administrations: Dbeibeh's government in Tripoli, overseeing the west, and an administration led by Osama Hammad in Benghazi, governing the east and much of the south.