Libya, UNDP sign MoU to promote blue economy


TRIPOLI, April 16 (Xinhua) -- Libya's Ministry of Marine Resources, under the internationally recognized Government of National Unity, on Thursday signed a memorandum of understanding (MoU) with the United Nations Development Programme (UNDP) in Tripoli to promote the blue economy, according to a UNDP statement.

The two sides agreed to strengthen cooperation in developing a national blue economy strategy, building institutional capacity, advancing the aquaculture sector, and protecting marine ecosystems, the statement said.

"The blue economy offers a pathway to diversify the economy while protecting marine ecosystems and creating new opportunities for communities along the coast," UNDP Resident Representative in Libya Sophie Kemkhadze said.

Libya has about 1,900 km of Mediterranean coastline, offering significant potential in fishing, tourism, and maritime services. Yet weak infrastructure, a lack of planning, and underinvestment have left this strategic asset largely underutilized.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Trump returns to Georgia with election claims, worrying some Republicans
U.S. stocks close lower as market awaits key earnings
Russia says it struck Ukrainian ports and ships
Flash: U.S. forces launch more strikes against Iranian military targets
Jordan launches 40th Jerash Festival for Culture and Arts
Yemen's Houthis say they targeted two Saudi oil tankers
Pardoned by Trump, Hernandez to return to Honduras and seek dismissal of local charges
U.S. cyclosporiasis cases surge to nearly 4,200 confirmed cases
U.S. stocks close lower
Trump administration seizes on New Jersey voting error to demand noncitizen data

Others Also Read