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World News: Political News

CBL Discuss Opening Letters of Credit for Basic Goods.

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Tripoli, 6 April 2016(Lana) The Central Bank of Libya has discussed at an extended meeting acceleration of opening letters of credit for basic goods imports. The meeting which was held at the CBL headquarters dealt with the difficulties facing importers of basic commodities, and the proposals put forward by the Bank to overcome these difficulties. The importers welcomed the measures introduced by the CBL which call for letters of credit to be opened through the bank network, and the allocation of 3,150 billion for goods imports, saying the amount meets the needs of the Libyan... Read more

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Presidential Council Welcomes Convening of State Council.

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Tripoli, 6 April 2016(Lana) The Presidential Council of the National Consensus Government welcomed, in a statement on Tuesday, the convening of the first session of the Supreme State Council, a step it said, was in the right direction towards building state institutions in line with the political agreement signed by the Libyan parties. The Council underpinned the key role of the House of Representatives, hoping it would be able to resume sessions to fulfill its obligation and to work with the state council to implement the political agreement to get the country out of the current... Read more

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AU Commission and Algeria Express Satisfaction With Recent Development in Libya.

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Addis Ababa, 6 April 2016(Lana) The Chairwoman of the African Union Commission Nkosazana Zuma and the Algerian Minister of Maghreb and AU Affairs Abdul Gader Msahel have expressed satisfaction for the developments in Libya including the launching of the National Consensus Government from the capital Tripoli. They stressed at a meeting here on Tuesday that the starting by the Presidential Council to function from Tripoli was a step towards restoring peace and stability in the country. Msahel and Zuma Africa must reassert its unity and speak with one voice to defend its positions... Read more

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GNC amends constitutional declaration and hands over power to State Supreme Council.

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Tripoli, 05.04.2016(Lana) The GNC introduced in its last session Tuesday in Tripoli an amendment to the Constitutional Declaration to be compatible with the Political Accord and according to the legally approved procedures and in accordance with annex 4 of the agreement. Salah Al Makhzoum said; 'Article 65 of the Political Accord states that the Constitutional Deceleration be amended in line with the text of this accord and according to legally approved procedures and in accordance with annex 4 of the agreement'. In his address at the hand over session between the GNC and... Read more

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Several countries reopen embassies.

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Tripoli, 05.04.2016(Lana) Several Arab and Western countries announced their desire to reopen their embassies and consulates and resume work of their diplomatic missions from Tripoli, following the arrival of the National Accord Government to Tripoli and assume their work officially. Italian Foreign ministry announced the resumption of its diplomtaic mission in Tripoli by the end of the month, while Tunisia announced it would reopen soon its embassy and consulate in Tripoli. Turkey also announced its intention to reopen its diplomatic mission in Tripoli as announced by the... Read more

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