A decision communicated on Tuesday afternoon by Libya is nothing less than a “slap” in the face for the government of Abdulhamit Dbeiba, but also of Recep Tayyip Erdogan.
More specifically, a Tripoli court decided to suspend the implementation of the agreement signed by the Libyan Foreign Minister, Naila Mangous, with her Turkish counterpart, Mevlut Cavusoglu, for exploration and extraction of hydrocarbons in areas of the Libyan EEZ, as provided by the illegal Turkish-Libyan memorandum, which had been signed by the government of Fagez al-Sarraj.
After the signing of the agreement, Mevlut Cavusoglu stated that “we discussed the steps towards a political solution and our relations with Prime Minister Dbeiba. We signed Memoranda of Understanding in the fields of Hydrocarbons and the Protocol”, while he also had a private meeting with his counterpart, Naila Mohamed Al-Mangous.
International condemnation
The Turkish-Libyan memorandum was condemned internationally, while a representative of the State Department had declared that the government of Tripoli must, based on the commitments it has undertaken, not sign new agreements that disrupt the country’s foreign relations or entail long-term obligations for it.
Five Libyan lawyers appealed to the competent court in Tripoli against the memorandum which, as Athens had stressed, “violates its sovereign rights and is a violation of international law and a deliberate escalation that undermines stability in the region.”
The appeal sought the annulment of the memorandum, with a number of arguments, including that the government of Abdulhamit Dbeiba is not authorized to enter into international agreements.
In addition, Libyan lawyers had filed a request for a temporary injunction to immediately suspend it because the agreement “illegally usurped the exclusive jurisdiction of the Libyan National Oil Company (NOC) in the oil trade and contains texts that need a different interpretation, causing serious damage that cannot be fixed if Turkey starts implementing the agreement.”
The consequences of the decision
The court’s decision on the agreement that the pro-Turkish government in Tripoli rushed to sign (while not having such an option as a transitional one) now has significant implications for maritime demarcation and security cooperation agreements.
The decision, it is noted, is based on legislation of the General National Congress that has been in force since 2013 and specifically states that: “The interim government is prohibited from signing in any way agreements under the sovereignty of the Libyan state, on land, sea and air of its territory, as well as agreements for the demarcation of borders or the exploitation of strategic natural resources, unless approved by the General National Congress”.
It is noted that the Tripoli government has not made any direct comment on Monday’s court decision, nor has the Turkish government.
Latest News
Economist: Greece Included in the Best Performing Economies in 2024
Meanwhile, Northern European countries disappoint, with sluggish performances from the United Kingdom and Germany.
EasyJet Expands Its Routes from Athens
The airline’s two new routes will be to London Luton and Alicante and they will commence in summer 2025.
Capital Link Forum Highlights Greece’s Economic Resurgence; Honors BoG Gov Stournaras
Capital Link Hellenic Leadership Award recipient, Bank of Greece Gov. Yannis Stournaras, an ex-FinMin, was lauded for his pivotal role during Greece’s economic recovery
Tourist Spending in Greece Up by 14%, Visa Card Analysis Shows
Greece’s capital Athens emerged as the most popular destination, recording a 17% increase in transactions with Visa cards, surpassing even the cosmopolitan island of Mykonos.
Inflation in Greece Unchanged at 2.4% in Nov. 2024
The general consumer price index (CPI) posted a 0.4% decrease in November compared to the previous month
2024 Christmas Holidays: Extended Shop Hours Schedule
The 2024 Christmas Holidays extended shop hours schedule commences on Thursday, December 12 and runs until the end of the year.
ELSTAT: Seasonally Adjusted Unemployment Down in October
The number of employed individuals reached 4,284,694, an increase of 67,723 compared to October 2023 (+1.6%) and 22,002 compared to September 2024 (+0.5%).
Greek PM’s Chief Economic Adviser Resigns
In the post on his Facebook page, Patelis did not disclose the reasons that led him to step down.
“Masdar Invests in the people of Greece and in the vision of TERNA ENERGY”
Four messages from the CEO of Masdar, the Arab renewable energy giant, after its acquisition of 70% of TERNA ENERGY
Lloyd’s List Greek Shipping Awards 2024: Honors for leading companies and personalities in the Greek shipping sector
20 awards presented at the 21st annual Lloyd's List Greek Shipping Awards