Libya's Factions Make Progress in Central Bank Crisis Talks, Says UN Libya Mission

A view of the Central Bank of Libya in Tripoli, Libya, August 26, 2024. REUTERS/Aymen Sahli/File Photo Purchase Licensing Rights
A view of the Central Bank of Libya in Tripoli, Libya, August 26, 2024. REUTERS/Aymen Sahli/File Photo Purchase Licensing Rights
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Libya's Factions Make Progress in Central Bank Crisis Talks, Says UN Libya Mission

A view of the Central Bank of Libya in Tripoli, Libya, August 26, 2024. REUTERS/Aymen Sahli/File Photo Purchase Licensing Rights
A view of the Central Bank of Libya in Tripoli, Libya, August 26, 2024. REUTERS/Aymen Sahli/File Photo Purchase Licensing Rights

Libya's rival factions made progress on talks over the central bank crisis and will continue discussions on Thursday to reach a final agreement, the UN Libya mission said on Wednesday, in a bid to defuse a crisis that has slashed oil output and exports.

"The participants of the two (legislative) chambers made progress in agreeing on the general principles governing the interim period leading to the appointment of a new governor and board of directors for the Central Bank," the United Nations Libya mission (UNSMIL) said in a statement.

According to Reuters, the meeting hosted by UNSMIL featured representatives from the Benghazi-based House of Representatives, the High Council of State and the Presidential Council, which are both based in Tripoli.

The standoff began last month when western Libyan factions moved to oust a veteran central bank governor, prompting eastern factions to declare a shutdown to all oil output.

Although Libya's two legislative bodies said last week they agreed to jointly appoint a central bank governor within 30 days, the situation remains fluid and uncertain.

Libyan oil exports fell around 81% last week, Kpler data showed on Wednesday, as the National Oil Corporation cancelled cargoes amid a crisis over control of Libya's central bank and oil revenue.



Hamas, Two Other Palestinian Groups Say Gaza Ceasefire Deal 'Closer Than Ever'

Palestinians inspect damages in the aftermath of Israeli strikes, following a Hamas surprise attack, at Beach refugee camp, in Gaza City, October 9, 2023. (Reuters)
Palestinians inspect damages in the aftermath of Israeli strikes, following a Hamas surprise attack, at Beach refugee camp, in Gaza City, October 9, 2023. (Reuters)
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Hamas, Two Other Palestinian Groups Say Gaza Ceasefire Deal 'Closer Than Ever'

Palestinians inspect damages in the aftermath of Israeli strikes, following a Hamas surprise attack, at Beach refugee camp, in Gaza City, October 9, 2023. (Reuters)
Palestinians inspect damages in the aftermath of Israeli strikes, following a Hamas surprise attack, at Beach refugee camp, in Gaza City, October 9, 2023. (Reuters)

Hamas and two other Palestinian militant groups said on Saturday that a Gaza ceasefire deal with Israel is "closer than ever", provided Israel does not impose new conditions.

"The possibility of reaching an agreement (for a ceasefire and a prisoner exchange deal) is closer than ever, provided the enemy stops imposing new conditions," Hamas, Islamic Jihad and the Popular Front for the Liberation of Palestine said in a rare joint statement issued after talks in Cairo on Friday.

Last week, indirect negotiations between Israel and Hamas mediated by Qatar, Egypt, and the United States were held in Doha, rekindling hope of an agreement.

A Hamas leader told AFP on Saturday that talks had made "significant and important progress" in recent days.

"Most points related to the ceasefire and prisoner exchange issues have been agreed upon," he said on condition of anonymity as he was not authorized to speak publicly on the issue.

"Some unresolved points remain, but they do not hinder the process. The agreement could be finalized before the end of this year, provided it is not disrupted by (Israeli Prime Minister Benjamin) Netanyahu's new conditions."