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
  • Libyan News Agency and Italy’s Italpress Sign Agreement in Palermo to Enhance Media Cooperation and Partnership Between Italy and Libya
  • Germany records highest-ever drug-related death toll as fatalities rise among youth
  • National Security Council Adopts New Plan to Strengthen National Decision-Making
  • Dermish: Lack of Investment Environment Worsens Unemployment and Poverty and Undermines the Economy
  • Acting GNU Ministers of Local Governance and Finance discuss completion of financial and administrative files for municipalities
  • EU Warns of Forged Document Falsely Attributing Its Official Capacity
  • Spain eliminates Portugal and advances to 2026 World Cup quarterfinals
  • Deputy General Commander Offers Condolences on the Death of Political Scholar Dr. Ahmed Al-Aboud
  • About Us
  • Contact Us
Facebook X (Twitter) RSS
Libya Update NewsLibya Update News
Subscribe
Wednesday, 8 July 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

Lack of Unified Economic Policy Worsens Foreign Currency Crisis

Gold Falls More Than 1 Percent and Faces Largest Monthly Decline Since Late 2008

Libyan Investment Authority Announces Growth of Financial Assets to $51.8 Billion in First Quarter of 2026

Expected increase in Italy’s energy bill to €58 billion by 2026

Third Global Islamic Economy Summit Begins in Istanbul with Broad International Participation

Global coffee companies launch initiative to map coffee farms in support of sustainability and protection for farmers

Follow us on Twitter

The Libya Update 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 @thelibyaupdate ·
18h

Dermish: Lack of Investment Environment Worsens Unemployment and Poverty and Undermines ...the Economy

Reply on Twitter 2074581841638486341 Retweet on Twitter 2074581841638486341 Like on Twitter 2074581841638486341 Twitter 2074581841638486341
thelibyaupdate The Libya Update @thelibyaupdate ·
18h

Acting GNU Ministers of Local Governance and Finance discuss completion of financial and ...administrative files for municipalities

Reply on Twitter 2074578833441718754 Retweet on Twitter 2074578833441718754 Like on Twitter 2074578833441718754 Twitter 2074578833441718754
thelibyaupdate The Libya Update @thelibyaupdate ·
21h

The Deputy Commander-in-Chief of the Armed Forces, Staff General Saddam Haftar, received ...a high-level delegation from #Italy headed by the Director of the Italian Intelligence Agency, General Giovanni Caravelli, at his office in the General Command headquarters in the city of

Reply on Twitter 2074533715477160122 Retweet on Twitter 2074533715477160122 1 Like on Twitter 2074533715477160122 1 Twitter 2074533715477160122
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.