The eastern-based Libyan parliament, which supports the Libyan National Army (LNA), has given go-ahead to the Egyptian armed forces to intervene in the Libyan conflict.
In early June, Egypt put forward the Cairo peace initiative, outlining a path for a political settlement in Libya and calling for warring parties to cease fire since 8 June, 2020.
The proposal was welcomed by the Arab League, Russia, Saudi Arabia and the United Arab Emirates, but was rejected by the UN Government of National Accord (GNA) and NATO ally Turkey.
We call for joint efforts between the two brotherly nations – Libya and Egypt – in order to defeat the occupier and maintain our common security and stability in our country and region.
It added that the parliament “welcomes the words of the Egyptian President, spoken in the presence of representatives of Libyan indigenous tribes.”
The Egyptian armed forces have the right to intervene to protect Libyan and Egyptian national security if they see an imminent threat to the security of our two countries.
Last week Egyptian armed forces conducted an exercise near Libya’s border. The drills, code-named Resolve 2020, took place in the northwestern district of Qabr Gabis, some 37 miles (60 km) away from the Libyan border.
Libya has been suffering from internal conflict since its long-time leader and major developer, Muammar Ghaddafi was overthrown and assassinated in 2011 by the West.
At the moment, the east of the country is ruled by the parliament, while the west is controlled by the Tripoli-based Government of GNA, which was formed with the help of the United Nations and the European Union.
The authorities in the east cooperate with the LNA, which has been attempting to take control of Tripoli in order to re-establish sovereignty in derailed Libya.
British, French and Italian backed troops confiscated and occupy the oil shipment ports and want to take control over the complete Ghadaffi heritage. But, one of his son’s is still alive and could officially claim back to ‘frozen’ Belgium bank deposits, if elected by the people.
Belgian authorities tried to seize the funds in 2017 during a fabricated probe into alleged money laundering by Ghaddafi’s inner circle.
Euroclear Bank had refused to hand over the accounts belonging to Libyan Investment Authority (LIA) and its subsidiary Libyan Foreign Investment Company (LFICO) in Bahrain and Luxembourg, prompting the probe.
The UN placed sanctions on the Libyan government’s assets after NATO’s intervention in 2011. It has since seized about $67 billion from the accounts of the LIA across Europe and North America.
Sputnik / ABC Flash Point Africa Oil News 2020.