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Libya & Italy Sign Agreement on Renewable Energy Cooperation

May 22, 2024
Libya & Italy Sign Agreement on Renewable Energy Cooperation
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The Libyan Ministry of Industry and Minerals in the Government of National Unity (GNU) and the Ministry of Enterprises and Made in Italy have signed an agreement to enhance the cooperation on several sectors.

The agreement aims to enhance cooperation between the two countries in renewable energy, green hydrogen, direct investment, and joint initiatives between companies. It also focuses on exchanging expertise in research, applied innovation in manufacturing, and skills training.

The signing ceremony was held during the Libya International Conference on Industry and Technology, in Tripoli.

Libyan Minister of Industry and Minerals, Ahmed Abuhisa, emphasised that the ministry will work to implement the recommendations. He highlighted that the provisions of the 2008 Friendship and Partnership Agreement with Italy are now active across all relevant sectors.

The Italian Minister of Enterprises and Made in Italy, Adolfo Urso, underscored the deep strategic partnership between Libya and Italy, particularly in energy, oil, and gas. He expressed Italy’s readiness to collaborate on strategic energy projects in Libya to meet local needs and for export.

Urso’s visit is part of the “Mattei Plan” and includes meetings with Libyan ministers of Economy and of Industry in the Government of National Unity (GNU).

This visit comes shortly after the trip of Italian Prime Minister Giorgia Meloni to the Libyan capital. Urso’s mission is part of a broader series of ministerial visits to Africa, which began in April in Egypt and will continue on May 27 in Tunisia.

Urso’s engagement in Libya aimed to strengthen economic ties and explore new opportunities for collaboration in various sectors. His participation in the conference and the international fair underscores Italy’s commitment to fostering industrial and technological cooperation with Libya.

The Mattei plan is designed to establish a new partnership with African nations, aiming at sustainable, long-term development to address the challenges of irregular migration. Italy, a primary destination for migrants attempting to cross the Mediterranean from Africa, has been advocating for European Union support to manage the influx.

Tags: EnergyGNUItalylibya
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