US House passes "Libya Stabilization Act"
The US House of Representatives passed Tuesday the "Libya Stabilization Act" by a majority of 386-35 vote.
The legislation introduced by Congressmen Democratic Ted Deutch and Republican Joe Wilson allows Washington to punish foreign parties that support factions and terrorist groups in Libya.
As reported, the bill includes sanctions on Libyan and international individuals and entities involved in violent acts in Libya.
The Act requires the US President to impose sanctions on foreign individuals proved to be supporting or engaged in Russian military operations in Libya, hindering stabilizing efforts, violating human rights, looting state assets or natural resources, and committing war crimes.
Under the draft law, the penalties expire on December 31, 2026.
However, the bill gives the US President the right to postpone the sanctions if the parties to the conflict in Libya agree to a sustainable ceasefire and prove their good faith in reaching a lasting political solution in Libya.
The Act urges the US Agency for International Development to provide humanitarian assistance to individuals and communities in Libya, including health assistance, food, shelter, and support for an effective response to the COVID-19 pandemic.
Among other provisions, it requests the US State Department to help promote democratic governance, unify Libya's financial and governmental institutions, and ensure free and credible future elections in Libya.
In addition, the bill calls on the Departments of State and Treasury to encourage international financial institutions to support Libya's economic recovery.
Last week, the US House of Representatives approved amendments to the sanctions against foreign actors that violate the UN arms embargo on Libya.
The draft law requires the approval of the Senate to come into force.