Business · Trade · 2 hrs ago
Putin says Russia-Libya trade is growing despite global challenges
Russian President Vladimir Putin met Libyan Presidential Council Chairman Mohamed al-Menfi in Moscow.
Putin said trade between Russia and Libya is continuing to grow despite difficult international political and economic conditions.
Russia and Libya have had diplomatic relations since 1955, and Libya is a longstanding Russian partner in North Africa.
Their joint intergovernmental commission held its first meeting of co-chairs in Moscow in April, and Putin said Russia wants it to resume full activities soon.
The two countries also work together on energy issues through the Gas Exporting Countries Forum and OPEC+, which Putin said helps support global energy security.
Putin said he expects further cooperation at the Russia-Africa Summit, which begins Wednesday.
Vladimir Putin said trade between Russia and Libya continues to develop despite difficult international political and economic conditions.
He made the remarks at a meeting with Mohamed al-Menfi, chairman of Libya’s Presidential Council.
Putin said the first meeting of the co-chairs of the joint intergovernmental commission took place in Moscow in April.
He said Russia wants the commission to resume full-fledged activities as soon as possible.
Putin also pointed to cooperation on energy security through the Gas Exporting Countries Forum and OPEC+.
- Who
- Russian President Vladimir Putin and Mohamed al-Menfi, chairman of Libya’s Presidential Council.
- What
- Putin said bilateral trade continues to develop and called for the joint intergovernmental commission to resume full-fledged activities.
- When
- October 28, 2026. The first meeting of the commission’s co-chairs took place in April.
- Where
- The meeting with al-Menfi took place in Moscow.
- Why
- Putin said trade was developing despite a difficult international political and economic environment.
This story does not have two clearly opposing sides.
The first meeting of the co-chairs of the joint intergovernmental commission took place in Moscow.
Putin met Mohamed al-Menfi and said Russia-Libya trade continues to develop.
- Trade
- Russia-Libya bilateral trade continues to develop.
- Participants
- Vladimir Putin and Mohamed al-Menfi.
- Commission meeting
- First meeting of the co-chairs took place in Moscow in April.
- Diplomatic relations
- 2025 marked 70 years since Russia and Libya established diplomatic relations.
- Energy cooperation
- The countries cooperate through the Gas Exporting Countries Forum and OPEC+.
What people are saying
Despite the difficult situation in international politics and the economy, bilateral trade continues to develop.