Libya

The United States is committed to providing targeted assistance to build Libyan institutions, promote political reconciliation, and increase Libya’s capacity to govern effectively by holding free and fair elections, securing Libya’s territory, and managing public finances transparently and responsibly. Investing in Libya’s future will help advance Libya’s democratic transition, promote stability, and strengthen the U.S.-Libya partnership. The United States works with the national government, municipal councils, entrepreneurs, and a range of civil society groups, including those representing women and marginalized communities, in their efforts to improve Libyan lives. Since 2011, the United States has provided more than $840 million in assistance for Libya.

The energy sector is central to Libya’s economy, and oil and gas revenues constitute the principal source of foreign exchange, underscoring the importance for the sector to continue operating nationwide. Many U.S. companies, particularly in the energy sector, have long-standing investments in Libya. Two-way trade in goods between the United States and Libya totaled more than $1.1 billion in 2019. The United States also has signed a trade and investment framework agreement with the Common Market for Eastern and Southern Africa, of which Libya is a member.