Dr. Ali Mahmoud Hassan, Chairman and CEO of the Libyan Investment Authority (LIA), has recently concluded a series of pivotal meetings with the Chair of UN Committee Concerning Libya, established pursuant to the Security Council Resolutions, alongside distinguished representatives and heads of missions from various member states of the Committee, including Somalia, the United States of America, the United Kingdom, China, France, Algeria, and Pakistan in addition to the Permanent Representative of Libya to the United Nations.
These meetings mainly focused on the operational mechanisms for implementing UN Security Council Resolution 2769 (2025) which authorises the LIA to deploy uninvested cash assets. Throughout these meetings, the participating member states consistently reaffirmed their steadfast support for the LIA and its ongoing efforts aimed at the optimal utilisation of these funds to ensure their sustained growth and the preservation of their value while remaining subject to existing freezing measures.
Additionally, Members of the Committee conveyed their unwavering endorsement of the LIA’s exerted efforts, commending its professional approach in implementing its investment strategy, and simultaneously emphasising the importance of continued full adherence to relevant Security Council resolutions.

In a separate engagement, the LIA’s Chairman and CEO convened a meeting with representatives from the Kingdom of Bahrain, the Republic of Italy, and the Kingdom of Belgium to address critical matters pertaining to Libyan investments domiciled within these respective countries.
The discussions explored avenues for enhancing the safeguarding and development of these assets in alignment with international regulatory frameworks and compliance protocols.
The LIA hereby formally reiterates that its current objective is not to solicit the lifting of the asset freeze. Instead, it seeks to reinvest these frozen assets into low-risk financial investments, as outlined in Article 14 of Security Council Resolution 2769 (2025). This strategic approach is designed to preserve the value of the assets and safeguard them for the enduring benefit of future Libyan generations.