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Libya, Russia Move to Strengthen Economic Cooperation

Libya and Russia have agreed to deepen cooperation in key areas including the economy, energy, and investment as both countries seek to strengthen their long-standing ties.

The discussion took place during a high-level engagement in Moscow, where officials from both sides reviewed current relations and explored new opportunities for partnership. Talks focused on how to expand collaboration in sectors seen as vital for development and economic stability.

Libyan representatives stressed the importance of building stronger international partnerships that can support reconstruction efforts and boost economic growth in the country. They also expressed interest in attracting more foreign investment and improving cooperation on major development projects.

Russian officials reaffirmed their willingness to maintain close relations with Libya and support initiatives aimed at promoting stability and economic progress. Both sides also exchanged views on regional issues, particularly developments affecting North Africa and the Mediterranean region.

At the end of the meeting, both countries agreed to continue diplomatic and institutional engagements to follow up on discussed proposals and explore practical steps for future cooperation.