Egypt-Libya Sign 14 MoUs to Enhance Bilateral Co-op in Various Fields

On Thursday, Egypt signed 14 agreements to secure an initial value of $33 billion to participate in the reconstruction of the war-torn country.

The deals cover sectors ranging from industry and hydrocarbons to agriculture, communications, and civil aviation, according to a statement from Egypt’s Cabinet.

Project contracts signed between the Libyan government and prominent Egyptian companies include a ring road around the Libyan capital Tripoli, another road leading south to Jalu from the eastern town of Ajdabiya, and the construction and supply of two gas plants.

The two sides also signed contracts on land transport, maintenance and development of the Salloum port, and Musaed land linking between Egypt and Libya.

They also agreed to coordinate on activating maritime transport and combating smuggling.

Earlier, the Libyan Prime Minister met Egyptian President Abdel Fattah El-Sisi, who affirmed Egypt’s desire for stability in Libya and offered support to help the country hold national elections planned for the end of the year, according to an Egyptian presidency statement.

On Tuesday, Sisi received Khalifa Haftar, the military commander based in eastern Libya as well as Aguila Saleh, the head of a parliament based in the east.