Close Menu
Libya Update NewsLibya Update News
  • Home
  • National
  • Region & World
    • The Maghreb
    • Middle East
  • Business
    • Oil & Gas
    • Economy
    • Analysis
  • Opinion
  • Editors’ Picks
  • Health & Lifestyle
  • Sports
Facebook X (Twitter) RSS
Trending
  • Higher Education Authorizes Launch of Two PhD Programs at University of Benghazi
  • Abukhzam Discusses with French Ambassador Thierry Valla Ways to Strengthen Cooperation with the Central Bank of Libya
  • Sabha Municipality Begins Maintenance Procedures and Reactivation of Environmental Sanitation Plants
  • China’s Forland Expands Its Presence in Libya with Local Manufacturing and Transport Services Plan
  • Handicrafts at the Benghazi Exhibition: Women’s Creativity Revives Heritage
  • Al-Takbali: Proposal to Lift Fuel Subsidies Is a Government Initiative Not Discussed by the House of Representatives
  • Ministry of Culture Highlights the Palestinian Cause with Cultural Seminar at Benghazi Book Fair
  • Al-Fitouri Supports Separating Salaries into an Independent Budget Item to Increase Government Spending Transparency
  • About Us
  • Contact Us
Facebook X (Twitter) RSS
Libya Update NewsLibya Update News
Subscribe
Wednesday, 11 November 2026
  • Home
  • National
  • Region & World
    • The Maghreb
    • Middle East
  • Business
    • Oil & Gas
    • Economy
    • Analysis
  • Opinion
  • Editors’ Picks
  • Health & Lifestyle
  • Sports
Libya Update NewsLibya Update News
Home » Libyans look to restore ties with Brazil – report

Libyans look to restore ties with Brazil – report

Wednesday, May 10, 2023 Economy 3 Mins Read
Libyans look to restore ties with Brazil – report

Libyan authorities in Tripoli told Brazil Africa Institute (IBRAF) president João Bosco Monte they want to resume talks with Brazil and restore ties with the Latin American country, according to Brazil-Arab News Agency (ANBA).

Brazil’s Bosco Monte visited Libya last week and was welcomed by authorities and ministers based in Tripoli, including Agriculture & Livestock deputy minister Muhammad Al-Turki (opening picture) Authority for Investment Promotion president Abdulaziz Eshawish, ANBA reported.

“Since the revolution, talks have slowed down, and in a very pragmatic manner, I intended to restore the ties Brazil had with Libya for a while,” said Bosco Monte, who went to the country to promote the Brazil Africa Forum the institution will hold in São Paulo from October 31 to November 1st.

Before the revolution, Brazil had an established relation with Libya. President Luiz Inácio Lula da Silva traveled to Libya in both his first and second term, and the Libya government sent several senior officials to Brazil in the 2000s. Brazil used to have an ambassador in Tripoli, and Brazilian construction firms operated in the country.

Exports from Brazil to Libya spiked from USD 35.1 million in 2001 to USD 456 million in 2010, shrinking to USD 141.4 million in 2016, and returning to higher levels last year, at USD 320 million. Brazil’s embassy in Tripoli was transferred to Tunis, Tunisia, in 2012, for security reasons.

Bosco Monte met with Libya economy, agriculture, investment and transport officials. “They were all willing to talk and resume talks with Brazil,” he said, adding that Libyans preserve the memory of the relation Brazil used to have with their country.

The IBRAF’s president sees several paths for the rapprochement with Libya, including a Brazilian participation in the Arab country’s infrastructure agenda and agricultural cooperation. In agriculture, he received demands for training people, seed production and improvement, and product transformation for adding value. Bosco Monte also noticed a desire from Libya authorities for their country to be a catalyst for Brazil’s trade with the region.

Bosco Monte said his meetings were intended to foster Brazil-Libya ties. He points out that not only Brazil but other countries have also drifted away from Libya and are now reconnecting. “I heard from many that the Brazilian brand is a relevant brand, and I believe this is the driver we need to use to reclaim our space, the agenda we used to have there and have lost since. If we don’t do it, others will,” he said.

He said he saw a city of Tripoli that’s very different from what the press shows. “Brazil and other countries are letting themselves believe in this narrative that Libya is an unsafe place, with no capacity for investment. On the contrary, it’s a rather very capitalized country with reserves that can easily be used as collateral for transactions,” he told ANBA. Bosco Monte explained, however, he refers to the opportunities, and not only the country’s domestic political issue.

Brazil IBRAF João Bosco Monte Libya
Follow on Google News Follow on Facebook Follow on X (Twitter)
Share. Facebook Twitter Pinterest LinkedIn Email Reddit Telegram WhatsApp Copy Link
Previous ArticleElectoral Committee Chair briefs HoR Speaker on latest understandings
Next Article LPC President, UN envoy discuss Libya elections

Keep Reading

China’s Forland Expands Its Presence in Libya with Local Manufacturing and Transport Services Plan

Al-Fitouri Supports Separating Salaries into an Independent Budget Item to Increase Government Spending Transparency

Al-Sharif: Wage Reform Requires Controlling Spending and Governance of Oil Revenues

Bousheha: Libya Spent Around $10 Billion Annually on Development Over Four Years

After Receiving Abukhzam, Central Bank Assures Citizens and International Partners of Continued Services and Fulfillment of Commitments

Speaker of the House discusses curbing spending, studying exchange rate adjustment, and experts’ meeting within 10 days

Follow us on Twitter

The Libya Update Verified account Follow

Stay ahead of the curve with The #Libya Update - your go-to source for news and insights on Libyan politics, business, culture, and more. #LibyaNews

TheLibyaUpdate
thelibyaupdate

The Libya Update

Verified account @thelibyaupdate ·
10 Nov

Sabha Municipality Begins Maintenance Procedures and Reactivation of Environmental Sanitation Plants

Reply on Twitter 2120078735580012882 Retweet on Twitter 2120078735580012882 Like on Twitter 2120078735580012882 Twitter 2120078735580012882
thelibyaupdate

The Libya Update

Verified account @thelibyaupdate ·
9 Nov

The Office of the Attorney General addressed a letter to the Presidential Council, the Prime Minister of the Government of National Unity, his Minister of Finance, and the Governor of the Central Bank of Libya, urging them to comply with judicial rulings declaring the assignment

Reply on Twitter 2119854754369094142 Retweet on Twitter 2119854754369094142 Like on Twitter 2119854754369094142 Twitter 2119854754369094142
thelibyaupdate

The Libya Update

Verified account @thelibyaupdate ·
9 Nov

China’s Forland Expands Its Presence in Libya with Local Manufacturing and Transport Services Plan

Reply on Twitter 2119809771872358683 Retweet on Twitter 2119809771872358683 Like on Twitter 2119809771872358683 Twitter 2119809771872358683
libya update
Facebook X (Twitter) RSS

News

  • National News
  • The Maghreb News
  • Middle East News
  • Business News
  • Sports News

Company

  • Information
  • Ethics Policy
  • Corrections Policy
  • Fact-Checking Policy
  • GDPR Policy

Categories

  • Editors’ Picks
  • Opinion
  • Health & Lifestyle
  • Videos
  • Infographics

Subscribe to Updates




    © 2026 All copyrights reserved. The Libya Update.
    • About Us
    • Privacy Policy
    • Advertising

    Type above and press Enter to search. Press Esc to cancel.