Libyan Parliament Unilaterally Ends Terms of Presidential Council, GNU

East-based parliament Speaker Aguila Saleh. (Libyan parliament)
East-based parliament Speaker Aguila Saleh. (Libyan parliament)
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Libyan Parliament Unilaterally Ends Terms of Presidential Council, GNU

East-based parliament Speaker Aguila Saleh. (Libyan parliament)
East-based parliament Speaker Aguila Saleh. (Libyan parliament)

The east-based Libyan parliament unilaterally announced on Tuesday it was ending the term of the interim Government of National Unity (GNU), a move that could stoke more tensions in the struggle for power in the North African country.

Meeting in the city of Benghazi, the parliament unanimously voted to end the term of the GNU, headed by Abdulhamid al-Dbeibah, declaring its rival, the Government of National Stability, headed by Osama Hammad, as the sole “legitimate” government in the country until a new “unified” cabinet is chosen.

Parliament spokesman Abdullah Bleihaq added that the legislature also unanimously voted to name Speaker Aguilah Saleh as the high commander of the army in line with the constitutional declaration.

The decision means that parliament has removed the role of high commander of the army from the Presidential Council. It also announced that it agreed to a memo presented by 50 lawmakers to reinstate the 2011 constitutional declaration.

During the parliamentary session, Saleh told MPs that the term of the interim phase, which led to the formation of the Presidential Council and GNU, is effectively over. He called for reviewing the Geneva agreement that covers the interim phase.

He explained that a government’s term should last no more than a year, which can be extended for another one-year term. This means that the GNU had lost its legitimacy over five years ago.

He criticized the GNU for failing to perform its duties and holding parliamentary and presidential elections.

The parliament is seeking to form a unified authority that can rule and achieve justice, Saleh stressed, noting that the capital Tripoli has fallen under the control of armed gangs.

“I have never sought to extend my term as speaker of parliament. I did not conspire to postpone the elections and I refuse a return to fighting and the division of Libya,” he declared.

“We have offered several concessions to reach an agreement that appeases all parties, but some sides are eager to keep the situation as it is,” he stated, describing the current stage as “critical”.

Furthermore, he said the GNU’s greatest fault was failing to hold the parliamentary and presidential elections on time even though they had popular and international support.

The Presidential Council did not immediately comment on the parliament’s moves. Sources close to the council said its president, Mohammed al-Menfi, convened an emergency meeting with his deputies to discuss the parliament’s actions.

Menfi’s aide said Saleh had several legal misconceptions in his comments, reported local media.

Khalid al-Mishri, who is vying for the position of High Council of State, described as “void” the parliament’s decisions, saying they violate the political agreement that was signed in Morocco in 2015.



Syria’s Finance Minister Says Foreign Investors Welcome after US Sanctions Move

A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)
A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)
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Syria’s Finance Minister Says Foreign Investors Welcome after US Sanctions Move

A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)
A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)

Syrian Finance Minister Yisr Barnieh made a call to global investors on Wednesday to come do business with Syria after US President Donald Trump's surprise announcement that he would lift all of Washington's sanctions on the country.

"Syria today is a land of opportunities, with immense potential across every sector—from agriculture to oil, tourism, infrastructure, and transportation,” Barnieh said in an interview with Reuters at the Finance Ministry in Damascus.

"We envision a central role for the private sector in the new Syrian economy. The finance ministry's role is not to spend indiscriminately or act as a regulatory enforcer over businesses, but rather to enable and support growth."

A wall outside his office still bore the discolored outline of one of the many posters of former strongman Bashar al-Assad that used to hang in Syria's public buildings before his ousting by the Hayat Tahrir al-Sham (HTS) last year.

Changes in Syria have been swift since Assad fled to Russia in December of last year.

HTS commander Ahmed Sharaa was appointed president, formed a government and had quick success garnering Gulf Arab support and getting most European sanctions lifted.

The stunning turn of events was capped by a meeting between Sharaa and Trump in Riyadh on Wednesday after Trump's pledge to cease US sanctions imposed on Syria under Assad-family rule, measures widely seen as the biggest external obstacles to the country's economic recovery.

Trump has not set out a timeline for removal.

"One of the most critical outcomes of lifting sanctions would be Syria's reintegration into the global financial system," Barnieh said.

"This would allow us to restore financial flows and attract investments, which are urgently needed across all sectors,” he said, adding that Syrian authorities have already seen strong interest from Saudi Arabia, the UAE, Kuwait, Qatar, and several EU countries, among others.

He noted that the government is undertaking a comprehensive overhaul of public financial management, including reforms to the tax system, customs, and banking -- part of a broader effort to modernize an economy long burdened by an oversized public sector.

He also struck a cautioning tone, saying that the removal of sanctions would be just the first step in a years-long recovery for a country ruined by 14 years of war.

"The lifting of sanctions is not the final chapter," he said.

"We cannot afford to become complacent. We are entering a new phase that demands real results and visible progress on the ground."