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Economy Minister: Libya Ready to Join BRICS

July 11, 2024
Economy Minister: Libya Ready to Join BRICS
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Libya’s Minister of Economy and Trade in the Government of National Unity (GUN), Mohamed Al-Hwaij, announced the country’s readiness to participate in the BRICS group.

Speaking to RIA Novosti, Al-Hwaij stated that Libya is open to joining any international economic organisation that benefits the country, including BRICS, and will do so at an appropriate time.

“BRICS is a global economic organisation that fosters mutual benefits among member states. Libya welcomes any initiative that leads to global economic stability and improved living standards for populations. Libya will join any economic system that offers advantages and will choose the right moment to do so,” Al-Hwaij said.

The minister also emphasised Libya’s support for any measures aimed at global economic stability and enhancing the living standards of people worldwide.

Last year, BRICS members affirmed their support for Libya’s sovereignty, independence, territorial integrity, and national unity.

BRICS Deputy Foreign Ministers and Special Envoys for the Middle East and North Africa held a meeting held in South Africa. They issued a joint statement on the situation in Libya, where they announced their support for a “Libyan-led and Libyan-owned political process with UN-led mediation in the country.”

They also stressed the need to “respect the will of the Libyan people to choose their leaders,” calling on all parties to “enhance consultation and dialogue, and refrain from any actions that would undermine the ceasefire.”

In addition, the statement welcomed the African Union’s efforts including its High-Level Committee for Libya, in restoring stability and fostering the unification of Libya.

The Deputy Foreign Ministers stressed their aspiration for a positive outcome of the Libyan reconciliation conference.

They also reaffirmed their call for all parties to “create the necessary conditions for the holding of free and fair elections, based on a sound and agreed constitutional framework.”

Tags: BRICSeconomylibyaMohamed al-Hwaij
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