Libyan and American authorities are finalizing preparations for a high-level economic forum in Benghazi, focused on the critical sectors of national reconstruction and investment.
According to an official statement from the Libyan Development and Reconstruction Fund (LDRF), the fund’s Director General, Belgasim Haftar, recently met with U.S. Embassy Chargé d’Affaires Jeremy Berndt to coordinate the second edition of the Libyan-American Forum.
Scheduled for May 2026 in Benghazi, the event is designed as a strategic platform to foster economic partnerships as Libya continues its journey toward institutional stabilization and economic recovery. The discussions between the two officials emphasized a shared commitment to strengthening bilateral investment and supporting large-scale infrastructure projects, which remain central to revitalizing the Libyan economy after years of political and security fragmentation.
This diplomatic and economic momentum aims to consolidate coordination channels between the Development Fund and the U.S. government. By engaging with American partners, Libyan authorities hope to accelerate the implementation of major projects, particularly in energy and infrastructure, while enhancing the country’s overall attractiveness to foreign investors.
On a broader scale, this initiative reflects a growing continental trend of mobilizing international capital to support post-conflict reconstruction. Given Libya’s significant energy resources and strategic location, the upcoming forum signals a structured effort to build the necessary foundations for a sustainable, investment-led recovery.
MK/AK/te/Sf/fss/abj/APA