On Thursday, a Libyan parliamentary committee reiterated its call to protect Libya’s frozen assets abroad until the country establishes permanent and unified state institutions under a constitutional framework.
The call was made during a series of high-level meetings in New York, where the committee engaged with Russian officials and the United Nations Panel of Experts on Libya.
The delegation was led by the Head of Libya’s Parliamentary Committee for Investigating Frozen Assets Abroad, Youssef Al-Agouri.
Other members included Omar Tantoush, Chair of the Planning, Finance, and Budget Committee, and Murad Ahmima from the Ministry of Foreign Affairs and International Cooperation. The meetings were part of the committee’s ongoing efforts to monitor and safeguard Libyan funds held overseas under international sanctions.
In a meeting with Russia’s Deputy Permanent Representative to the UN, Dmitry Polyanskiy, the Libyan side discussed mechanisms for tracking and managing Libya’s frozen assets in accordance with United Nations resolutions. They also presented proposals aimed at preventing unauthorized access or misuse of these funds.
Polyanskiy reaffirmed Russia’s support for any initiatives that protect Libyan resources and serve the interests of the Libyan people. He also expressed Russia’s readiness to continue working with the Libyan House of Representatives and relevant institutions to support political and economic stability in Libya.
The committee also held separate talks with the UN Security Council’s Panel of Experts on Libya. Discussions focused on the current asset-freezing regime and its impact on Libya’s ability to manage and benefit from its sovereign wealth. The committee submitted practical proposals to improve the system, ensuring that Libya’s rights are preserved while maintaining compliance with international obligations.
At the conclusion of the meetings, the committee stressed that Libya’s frozen assets, including their revenues and interest, must remain protected until permanent institutions are in place. The delegation reaffirmed Parliament’s commitment to protecting national wealth and ensuring transparency, accountability, and responsible asset management.
