National Committee Sets Legal and Regulatory Framework for Establishing an International Arbitration Center in Libya.

Tripoli 20 October 2026 (Lana) A national committee tasked with preparing a legal and regulatory framework for establishing an international arbitration center in Libya held its first inaugural meeting yesterday at the headquarters of the National Oil Corporation (NOC) in Tripoli.

The meeting was held in accordance with the Prime Minister of the Government of National Unity Decision No. 410 of 2026 as part of efforts to develop the legal system and strengthen the country’s investment environment.

During the meeting, the committee discussed the initial legislative and procedural aspects required to prepare the implementing procedures and organizational structure of the center, laying the legal and regulatory foundations for its establishment.

The committee is chaired by Professor Dr. Miftah Al-Tih, while Dr. Amira Al-Sakiki serves as its secretary, and its membership includes representatives of the NOC, the Ministries of Finance, Justice, and Economy and Trade, the National Investment Corporation, the Litigation Department, the Prime Minister’s Office, and the Legal Department of the Council of Ministers.

The committee aims to establish an appropriate legal framework for dispute resolution, based on applicable national legislation and guided by recognized international commercial arbitration standards, which will help to provide a secure and flexible investment environment, strengthen confidence in the economic and commercial sectors, and enhance Libya’s attractiveness to investors.

=Lana=