Libyan Prime Minister of the Government of National Unity (GNU) Abdel-Hamid Dbaiba and Chinese Foreign Minister Wang Yi agreed on Wednesday to initiate the reopening of the Chinese Embassy in Tripoli. This decision was made during a meeting held in China, where they discussed various political and economic issues.
The Libyan government stated that the agreement came as part of discussions aimed at resuming the embassy’s operations in Tripoli. This move will help manage Chinese interests across different sectors and reactivate bilateral agreements.
During their meeting in Beijing, on the sidelines of the 10th Arab-Chinese Forum, Dbaiba and Wang Yi addressed several political and economic topics. According to a statement, Wang Yi praised the recent stability in Libya, which he noted as encouraging for the resumption of economic activities between the two nations.
Dbaiba emphasised the importance of reviving political and economic cooperation, highlighting the strong historical ties between Libya and China that span over 60 years. They agreed on the need for unified international political stances on Libya to achieve fair and consensual election laws.
The meeting also focused on reactivating 18 agreements between the two countries and coordinating the organization of the China-Libya High Committee. They discussed forming a joint committee to oversee the committee’s meetings and review the agreements.
Libya’s Economy and Trade Minister, Mohamed Al-Hwaij, met with representatives of Libyan companies operating in China. He emphasised that his ministry will promote investment and privatisation to achieve development and diversify the Libyan economy.
He also referred to the visit of the Libyan delegation from the ministry to China in December 2023. This visit aimed to strengthen economic and trade cooperation towards a partnership that serves the mutual interests of both countries.
Al-Hwaij encouraged Libyan companies to enhance commercial and investment relations with China’s leading sectors. He urged them to establish investment partnerships for projects across Libya according to the investment map of the General Authority.
The meeting reviewed the status of Libyan companies in China, their activities, and the challenges they face. Discussions focused on identifying obstacles and finding solutions.