Tripoli – Ali Mahmoud Hassan, Chairman of the Libyan Investment Authority (LIA), held a meeting. He met with Eric Meyer, US Deputy Assistant Secretary of the Treasury for the Middle East and North Africa. They discussed implementing UN Security Council Resolution 2819 (2026).
The focus was on practical mechanisms to activate the resolution. This would allow deploying uninvested cash balances. It aligns with the scope permitted by Resolution 2819. This contributes to protecting LIA assets. It also helps preserve their value.
Both sides emphasized adhering to relevant international legal frameworks. They stressed boosting cooperation to support sound asset management. This ensures assets are safeguarded from risks. This is crucial given the exceptional circumstances.
These circumstances govern the management of frozen Libyan assets. The meeting is part of the LIA’s efforts. The LIA seeks to communicate with international partners. It aims to find the best ways to protect its assets. It also seeks to ensure their efficient and responsible management.