The US and Libya sign Memorandum of Intent on governance, economy and stability - The Libyan Report

The US and Libya sign Memorandum of Intent on governance, economy and stability

The U.S. and Libya sign Memorandum of Intent on governance, economy and stability

By Sami Zaptia.

London, 12 October 2019:

The United States Government, through the U.S. Agency for International Development (USAID), and the Faiez Serraj-led Tripoli-based Government of Libya, through its Ministry of Planning, signed a Memorandum of Intent (MOI) for enhancing their partnership on Thursday.

The U.S. says the MOI is based on the shared values of strengthening the foundations of a unified Libyan state by supporting Libyan institutions and communities to advance national stability and self-reliance.

It says the MOI provides the broad framework for cooperation with the Government of Libya on USAID assistance on strengthening governance institutions; increasing opportunities for economic participation and growth; and enhancing Libya’s ability to address instability and conflict. The MOI also lays the foundation for which both governments can explore areas for further cooperation.

The U.S. says USAID has provided humanitarian, stabilization and development assistance in Libya since 2011. source