Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

U.N. says Libya arms embargo a 'joke', demands accountability

share with twitter share with LinkedIn share with facebook
share via e-mail
02/16/2020 | 07:47am EDT
Munich Security Conference

An arms embargo aimed at curbing fighting in Libya has become meaningless because of violations and it is imperative that those who breach it are held to account, a senior U.N. official said on Sunday.

"The arms embargo has become a joke, we all really need to step up here," U.N. Deputy Special Representative to Libya Stephanie Williams said after a meeting of foreign ministers to follow up on a Berlin summit last month that agreed to uphold the embargo. Fighting has continued despite a call for a truce.

"It's complicated because there are violations by land, sea and air, but it needs to be monitored and there needs to be accountability," Williams told a news conference, adding that Libya was now awash with advanced weapons.

Several countries backing rival factions in Libya have repeatedly violated an arms embargo, according to the United Nations, which has previously named the United Arab Emirates, Egypt and Turkey for breaching the embargo. After the Berlin conference the violations increased and the U.N. denounced them without naming countries.

The Libyan National Army led by eastern-based commander Khalifa Haftar and forces aligned with the internationally recognized Government of National Accord (GNA) in Tripoli have been fighting since April last year for control of the capital.

The UAE and Egypt support Haftar while the GNA is backed by Turkey.

A joint statement issued on Sunday by 13 countries involved in Libya, included Egypt, UAE and Turkey, said there had been a discussion on the "deplorable" arms embargo violations and "renewed determination to contribute to its thorough implementation."

However, there was no mention of how the embargo would be monitored, enforced or whether there would be any consequences for violating it.

German Foreign Minister Heiko Maas said he wanted EU foreign ministers to make a decision on Monday on their role in monitoring the embargo.

"Everyone needs to know that - if they violate the embargo in future - then they violate a U.N. resolution and that this can't remain without consequences," Maas said, without elaborating.

The head of the GNA, Fayez al-Serraj, said on Saturday that the country faces a financial crisis because of a blockade of oil terminals and oil fields by Haftar.

"The situation on the ground remains deeply troubling. The truce is holding only by a thread... the economic situation continues to deteriorate," the U.N.'s Williams said.

By John Irish and Sabine Siebold

Stocks mentioned in the article
ChangeLast1st jan.
EURO / DIRHAM (EUR/AED) -0.05% 4.0493 Delayed Quote.-0.64%
LONDON BRENT OIL 0.50% 26.12 Delayed Quote.-62.08%
US DOLLAR / DIRHAM (USD/AED) 0.03% 3.6727 Delayed Quote.0.00%
US DOLLAR / TURKISH LIRA (USD/TRY) 0.08% 6.61386 Delayed Quote.8.67%
WTI 1.39% 20.605 Delayed Quote.-62.40%
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news "Economy & Forex"
09:27pSouth Korea March exports slip as virus hit outweighs surging chip demand
RE
09:26pTaiwan's stimulus response to virus could reach $33 billion - media
RE
09:23pRisk currencies ease, yen firms as investors brace for global downturn
RE
09:23pOil prices mixed, U.S. inventory build-up heightens oversupply concerns
RE
09:19pSouth Korea March exports slip as virus hit outweighs surging chip demand
RE
09:19pIndonesia Manufacturing PMI Hits All-Time Low in IHS Markit Poll
DJ
09:16pNEWS HIGHLIGHTS : Top Company News of the Day
DJ
09:16pNEWS HIGHLIGHTS : Top Global Markets News of the Day
DJ
09:10pU.S., Russia energy officials had 'productive' talks about oil market plunge
RE
08:56p'Very material' economic contraction likely in Australia - central bank minutes
RE
Latest news "Economy & Forex"