News In Brief
We are ready to help Libya establish a transparent management of oil revenues, US says
February 06, 2023 - 00:49
Written by: LibyaMohammed
The US State Department spokesman Samuel Warburg has confirmed that the priority now in Libya is to have a transparent management of oil revenues, saying that the US is interested in economic and oil cooperation with Libya.
“This should include an agreement mechanism on expenditures that are a priority for transparency measures, and steps to ensure oversight and accountability, Warburg added in a statement to Sada Economic Newspaper.
The American diplomat confirmed that the US is ready to provide technical assistance if there is a request from the Libyan parties to contribute to the establishment of a mechanism of this kind.