Libya rivals ink UN-backed deal on new central bank leadership
The Peninsula
Tripoli: Representatives of war torn Libya s rival administrations on Thursday signed an agreement to name a new governor for the beleaguered central...
Tripoli: Representatives of war-torn Libya's rival administrations on Thursday signed an agreement to name a new governor for the beleaguered central bank that could restore economically vital oil production, the UN said.
Tensions and violence have risen since early August around the central bank in oil-rich Libya, which is split between a UN-recognised government in the west and a rival power in the east, prompting governor Seddik al-Kabir to flee the country.
The United Nations mission in Libya, UNSMIL, said that under the deal signed in the capital Tripoli, both sides will come together to appoint a new bank governor within a week, and a board of directors up to two weeks later.
Representatives from the eastern-based parliament and the Tripoli-based High Council of State signed the agreement at the UNSMIL offices in presence of UN and Libyan officials, the mission said.
Libya is struggling to recover from years of conflict after the 2011 NATO-backed uprising that overthrew longtime dictator Moamer Qadhafi.
