Libya’s Chairman of the Competition and Monopoly Prevention Council, Salameh Ghweil, recently participated in the inaugural competition conference held in Baghdad under the patronage of Iraqi Prime Minister Mohamed Shia al-Sudani.
The conference honored several leadership figures in recognition of their contributions to promoting competition policies. Salameh Ghweil was recognized as a key influencer in this field, alongside Mahmoud Mamtaz for his role in advancing regional competition policies.
The event concluded with a set of recommendations aimed at enhancing regional cooperation and combating monopolistic practices. The focus was on achieving regional economic integration that supports sustainable development.
Libya has been in chaos since a NATO-backed uprising toppled longtime leader Muammar Gaddafi in 2011. The county has for years been split between rival administrations.
Libya’s economy, heavily reliant on oil, has suffered due to the ongoing conflict. The instability has led to fluctuations in oil production and prices, impacting the global oil market and Libya’s economy.
The conflict has led to a significant humanitarian crisis in Libya, with thousands of people killed, and many more displaced. Migrants and refugees using Libya as a transit point to Europe have also faced dire conditions.
The planned elections for December 2021 were delayed due to disagreements over election laws and the eligibility of certain candidates. This delay has raised concerns about the feasibility of a peaceful political transition.
Despite the ceasefire, security remains a significant concern with sporadic fighting and the presence of mercenaries and foreign fighters. The unification of the military and the removal of foreign forces are crucial challenges.
