Libya & France Discuss Banking Cooperation


On Monday, the Governor of the Central Bank of Libya (CBL), Al-Siddiq Al-Kabir received the Ambassador of France to Libya, Mostafa Mihraje and the economic advisor to the Embassy, Ivan Potier.

According to a statement, the Ambassador offered French expertise in the field of digitisation and training, to develop the capabilities of Libyan banks.

Al-Kabir and Mihraje exchanged views on various issues, including the path to unify the CBL and the results of consultations with the International Monetary Fund (IMF).

The meeting touched on the importance of supporting the efforts of the government, and the National Oil Corporation (NOC) to increase the production and export of oil. As well as giving priority to diversifying sources of income to ensure the financial sustainability of the state, and move the economy forward.

Notably, the Libyan Minister of Education, Musa Al-Maqrif discussed ways to teach the French language in Libyan high schools, with Mihraje.

Al-Maqrif said that teaching foreign languages comes as part of the ministry’s efforts to develop the education sector in the country. Students in Libya can also study Italian as an optional language.

Al-Mihraje appreciated the ministry’s efforts to include teaching French in the study plan as an optional language. He expressed his readiness to support the plan with training programs and curricula.

The French Ambassador also affirmed the importance of the relations between Libya and France. He stressed the importance of Libya’s unity, stability, and sovereignty.

Last month, the Chairman of Libya’s High National Elections Commission (HNEC), Emad Al-Sayeh received Mihraje and his accompanying delegation.

In a statement, HNEC noted that the meeting discussed the latest developments in the electoral process. Al-Sayeh and the French delegation also “reviewed ways to support national proposals and initiatives that seek to hold elections, and keep peace and stability in the country.”

“The meeting comes as part of France’s support for the electoral process in Libya,” the statement added. Mihraje affirmed his support for HNEC’s efforts to “continue to achieve free and credible elections that reflect the will of the Libyan people.”