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Libya & Tunisia Discuss Outstanding Debts

January 15, 2024
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In a significant move to address longstanding financial issues, Libyan and Tunisian officials convened on Sunday to discuss effective strategies for settling Libya’s debts to Tunisia.

The focal point of these discussions was the devising of a practical mechanism to resolve outstanding payments, which have accumulated over several sectors.

The dialogue was led by Mohamed Salem Al-Shahoubi, Libya’s Minister of Transport, and Ahlam Al-Baji, the Chief of Staff at the Tunisian Ministry of Industry, Mines, and Energy.

This meeting stemmed from Al-Shahoubi’s role as the head of a committee, formed under decision number (562) of 2022, and is dedicated to addressing debts owed by Libya to both Tunisian public and private sectors.

Key discussion points included Libyan debts related to electricity consumption, civil aviation services, and medical treatment in Tunisian hospitals. This issue of outstanding debts is significant for Tunisia, given the impact on its economy and various sectors.

The meeting also saw the participation of notable diplomats, including the Tunisian Ambassador to Libya, Al-Asaad Al-Ajili, the Libyan Ambassador to Tunisia, Mustafa Ben Gadara, and Al-Afif Mabrouki, the General Director of the Tunisian Refining Industries Company.

This dialogue is part of a broader effort to strengthen bilateral relations, and address issues stemming from Libya’s period of political turmoil and economic challenges post-2011. The resolution of these debts is not just an economic matter but also a step towards reinforcing diplomatic ties and regional stability.

Notably, these talks represent a proactive approach by both nations to confront and resolve financial disputes. This initiative is a positive indication of Libya and Tunisia’s commitment to overcoming past challenges, and fostering a mutually beneficial relationship, pivotal for the economic and political stability of the region.

Tags: debtlibyaLibyan OfficialsTunisiaTunisian officials
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