On February 24, 2023, the US-Libya Business Association hosted a roundtable discussion focusing on recent events in Libya featuring prominent Libya experts and American companies with a strong interest in the Libyan market. The discussion centered around the current political and security situation in Libya, including the recent P3+2+2 meetings in Washington, DC as well as the UNSC session on Libya held on Monday, February 27. Overall, the roundtable provided a valuable platform for discussing the current state of affairs in Libya and the opportunities and challenges for American businesses seeking to operate in the country.

Many thanks to our main presenter, Francesco Calzoni, Senior Manager and Libya researcher at Intelyse, as well as the many other esteemed analysts who offered their insights to the group.

On January 26, the US-Libya Business Association invited Ambassador Richard Norland, US Special Envoy to Libya, to a roundtable discussion in Washington, D.C. to review recent political and economic developments affecting US-Libyan relations. USLBA is grateful to the U.S. State Department’s Bureau of Near Eastern Affairs and the US Embassy Libya External Office for their efforts to support US companies that operate in Libya.

On October 12, 2022, the US-Libya Business Association hosted a private meeting with His Excellency Saddek ElKaber Libya’s Central Bank Governor, and USLBA members. The discussion highlighted the CBL’s efforts to increase transparency and foster economic growth in Libya. Participants also noted future opportunities for US companies to deepen their investment in Libya. USLBA is grateful for H.E. and his delegation’s time during his busy visit to Washington, D.C. for the IMF/World Bank Meetings.

On October 5th, 2022, the US-Libya Business Association (USLBA) Executive Director, Lydia Jabs, met with Libya’s Minister of Oil and Gas, H.E. Mohamed Oun, on the sidelines of the Africa Oil Week conference held in Cape Town, South Africa. During their meeting, they discussed various ways to strengthen US and Libyan ties in the oil and gas sector.

The discussions highlighted the opportunities and challenges that exist in the oil and gas industry of Libya. They acknowledged the importance of the US-Libyan partnership in developing and expanding the sector, which has been one of the driving forces behind Libya’s economy.

The meeting emphasized the potential for US businesses to invest in Libya’s oil and gas sector and the benefits that would bring to both countries. It also discussed the need to establish stronger relationships between US companies and Libyan counterparts to enable partnerships that would improve technology transfer, and capacity building, and create job opportunities.

On September 26th, 2022, the US-Libya Business Association (USLBA) met with Libya’s Foreign Minister, Najla El Mangoush, at the Libyan Embassy in Washington D.C. to discuss ways to strengthen economic ties between the United States and Libya. The USLBA is grateful for the opportunity to work with H.E. toward a shared goal of attracting American companies to invest in Libya.

The meeting focused on the current state of economic relations between the two countries and identified areas for growth and cooperation. The USLBA highlighted the importance of increasing foreign investment in Libya and creating a more attractive business environment for American companies.

In conclusion, the meeting between the USLBA and Foreign Minister El Mangoush was an important step toward strengthening economic ties between the United States and Libya. It highlighted the shared goal of attracting American companies to invest in Libya and the need to address challenges to create a more attractive business environment. The USLBA remains committed to promoting investment and trade opportunities between the two countries, and we look forward to continuing our work with Libyan officials toward this shared goal.