Libyan Investment Authority Discusses Asset Management with U.S. Treasury

Washington: Chairman of the Libyan Investment Authority (LIA), Ali Mahmoud Hassan, met with U.S. Assistant Secretary of the Treasury for the Middle East and North Africa, Eric Meyer, to deliberate on the implementation mechanisms of UN Security Council Resolution 2819 (2026). The meeting centered on strategies to activate the resolution, enabling the use of uninvested cash reserves within the allowed framework and contributing to the protection and preservation of LIA's assets.According to Libyan News Agency, both parties emphasized the significance of adhering to international legal frameworks and enhancing cooperation to support sound asset management. They highlighted the need to safeguard assets from risks, considering the unique circumstances involved in managing frozen Libyan assets.This engagement is part of LIA's broader efforts to collaborate with international partners and identify optimal methods for asset protection and responsible management.