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Libya & Italy Discuss Joint Agricultural Projects
Libya & Italy Discuss Joint Agricultural Projects

Libya Review

time07-05-2025

  • Business
  • Libya Review

Libya & Italy Discuss Joint Agricultural Projects

Chairman of the Foreign Affairs and International Cooperation Committee in Libya's House of Representatives, Youssef Al-Agouri, has launched an official visit to Italy aimed at strengthening international partnerships and encouraging foreign investment in Libya's agricultural sector. Al-Agouri travelled to the city of Rimini, where he took part in the 'Macfrut 2025' exhibition—one of Europe's most prominent trade fairs focused on agriculture and food industries. During the visit, Al-Agouri met with Renzo Piraccini, President of Macfrut and head of the organising company Cesena Fiera. The two discussed ways to boost cooperation between Libya and Italy in areas such as agriculture and food security. Talks focused on opportunities for Libya to benefit from Italy's advanced expertise in vegetable and fruit farming, seed production technologies, and the establishment of joint agricultural projects that support sustainable development in the North African country. Al-Agouri highlighted Libya's potential as an attractive destination for agricultural investment, emphasising the availability of arable land and the country's strategic location. He invited Italian and other international firms to explore Libya's opportunities and contribute to revitalising its agricultural economy. The visit reflects a broader strategy by the Libyan Parliament to build international partnerships in key sectors. It aims to attract expertise and modern technologies to support national development goals, particularly in food production and rural development. As Libya works towards stability and economic diversification, officials are increasingly looking to global forums and exhibitions like Macfrut to connect with potential investors and technical partners. Tags: AgricultureItalylibyaMacfrut

Libya Warns UK Over Frozen Asset Interference
Libya Warns UK Over Frozen Asset Interference

Libya Review

time05-05-2025

  • Business
  • Libya Review

Libya Warns UK Over Frozen Asset Interference

The Head of Libya's Parliamentary Committee for Investigating Frozen Assets Abroad, Youssef Al-Agouri, has issued a firm warning to the United Kingdom and other countries over any unilateral moves to seize or dispose of Libya's frozen financial assets. He stressed that such actions would constitute a clear violation of international law and UN Security Council resolutions. Al-Agouri reaffirmed Libya's strong rejection of any attempt by foreign governments to manage or redirect these frozen funds, describing it as an unacceptable and illegal interference in Libya's sovereign affairs. He called on all nations to respect Libya's sovereignty and its right to preserve its national wealth, warning that any encroachment on these funds would be viewed as a serious breach that Libyans would not tolerate. Al-Agouri assured that his committee is fully prepared to take all necessary legal and diplomatic measures to safeguard Libyan assets and prevent their misuse or exploitation under any pretext. He concluded by urging friendly countries to adhere to international law and respect the decisions of the global community, which he said are essential for fostering mutually respectful bilateral relations and advancing shared interests. Tags: Frozen AssetsInternational LawlibyaUKunYoussef Al-Agouri

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