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Libya chairs the 119th session of the Council of Arab Economic Unity and adopts a new development roadmap.

Pulbished on:

Cairo, July 11, 2025 (LANA) – The State of Libya chaired the (119) Ministerial Session of the Council of Arab Economic Unity, which was held yesterday, Thursday, at the headquarters of the League of Arab States in Cairo, with the participation of ministers and representatives of member states. The session was chaired on the Libyan side by Engineer Essam Al-Aoul, representing the Ministry of Economy and Trade of the Government of National Unity.

In his opening remarks, Engineer Al-Aoul stressed the importance of reactivating the mechanisms of joint Arab economic action, calling for the formation of specialized committees to monitor the implementation of economic decisions and projects, thus contributing to achieving the desired development goals.

For his part, Ambassador Mohammadi Ahmed Al-Ni, Secretary-General of the Council, delivered a speech in which he reviewed the historical dimension of the session, emphasizing that the Council is one of the oldest frameworks for economic cooperation in the Arab world. He emphasized the importance of providing political and material support to enhance the process of Arab economic integration.

The session witnessed the adoption of the recommendations issued by the preparatory committees and the follow-up of the implementation of previous decisions, within the framework of advancing Arab economic coordination efforts towards a comprehensive development vision that responds to the aspirations of the Arab peoples.

....(LANA) ....