United Nations, August 22, 2025 – Pakistan has called for swift national reconciliation in Libya to strategically reinvest frozen assets. This initiative aims to boost Libya’s economic recovery and improve the well-being of its citizens.
Ambassador Usman Jadoon, Pakistan’s deputy permanent representative to the UN, addressed the Security Council. He advocated for peace and stability in this divided North African nation.
Pathway to Political Reconciliation
Ambassador Jadoon emphasized the crucial need for a clear timeline for political reconciliation and the organization of national elections. Libya remains split between two rival governments nearly 15 years after Muammar Gaddafi’s regime ended. The Government of National Unity is based in Tripoli, while the Government of National Stability operates from Benghazi.
Recently, municipal elections were successfully conducted in 26 regions, with another 37 expected to complete elections soon.
Reinvestment of Frozen Assets
The Pakistani envoy referred to a UNSMIL report highlighting security challenges and stalled reconciliation processes. The report urges immediate action on Libya’s fragile economic conditions. Pakistan stressed reinvesting Libya’s frozen assets to rebuild economic infrastructure and foster financial stability. This strategy aims to enhance living standards, fortify financial systems, and drive economic growth in crucial sectors.
Roadmap for Economic Growth
Pakistan is supporting UNSMIL’s efforts to unify Libya’s factions. Hannah Tetteh, head of UNSMIL, proposed a 12- to 18-month roadmap for Libya’s national reconciliation and economic rejuvenation.
The roadmap’s core development pillars include:
- Establishing electoral frameworks for democratic governance
- Creating a unified governmental structure
- Ensuring inclusive participation by all Libyan stakeholders
- Encouraging inclusive economic growth and investment opportunities
These efforts aim to restore political stability and accelerate the growth of economic infrastructure. The overarching focus is on laying a foundation for sustainable financial prosperity and market stability throughout Libya.
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