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Libya Discusses Asset Reinvestment with US

May 22, 2025
Libya Discusses Asset Reinvestment with US
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A delegation from the Libyan Parliament’s Committee for Verifying Libyan Funds Abroad has visited Washington, D.C., to hold discussions with senior U.S. officials regarding Libya’s frozen assets. The visit, confirmed by House of Representatives spokesperson Abdullah Bliheg, aimed to address the status and future of Libya’s frozen financial holdings in the United States.

The meeting took place on the 15th of this month at the U.S. State Department headquarters. The Libyan delegation included the head of the committee, Yousef Al-Aqouri, and committee member Murad Mohamed Hmeima. They met with American officials responsible for Libyan affairs at both the U.S. State Department and the Department of the Treasury, led by David Linfield, the senior official overseeing Libya policy.

Discussions focused on the status of Libya’s frozen assets in the U.S., in light of the United Nations Security Council’s recent Resolution 2769 (2025). This resolution provides a legal framework for the potential reinvestment of frozen Libyan assets under strict international standards and the oversight of reputable financial advisory firms.

The American side reaffirmed Washington’s commitment to adhering to the UN Security Council’s resolutions and pledged to coordinate any actions with all member states. The U.S. also stressed that any steps involving Libya’s frozen assets would be taken transparently and within the legal scope of international mandates.

The talks mark a significant step in Libya’s ongoing efforts to reclaim control over billions of dollars held abroad since the 2011 uprising. The Libyan Parliament sees this as a vital part of ensuring national financial sovereignty and promoting economic recovery.

Tags: Department of StateFrozen AssetslibyaLibyan parliamentus
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