On November 12, 2026, Libyan Minister of Agriculture and Animal Wealth, Abdul Latif Mohammed Al-Tahir, and Minister of Water Resources, Ali Owaidan, met with representatives of the Islamic Development Bank. The meeting took place in Antalya, Turkey, on the sidelines of the 31st Conference of the Parties to the United Nations Framework Convention on Climate Change (COP31). The discussion focused on enhancing cooperation and rebuilding trust to facilitate the bank's support and financing of development projects in Libya.
The meeting explored ways to create favorable conditions for implementing projects aimed at developing the agriculture, animal wealth, and water resources sectors. These projects are expected to contribute to sustainable development, food security, and water security in the country. The ministers and bank representatives emphasized the importance of revitalizing cooperation and addressing requirements to restore trust and strengthen partnership.
The Islamic Development Bank representatives expressed their readiness to study financing opportunities and provide necessary support for implementing targeted projects. This aligns with Libya's development priorities and needs. The meeting reflects the efforts of the Libyan Ministry of Agriculture and Animal Wealth and the Ministry of Water Resources to leverage international partnerships and financing institutions.
The Libyan government is seeking to utilize these partnerships to support development and modernization programs. The goal is to enhance the capacity of productive and service sectors to address climate change challenges and achieve food and water security. The meeting with the Islamic Development Bank is part of these efforts to explore financing options for priority projects.
Libya's participation in COP31 provides a platform for the country to engage with international stakeholders and explore opportunities for cooperation and support. The meeting with the Islamic Development Bank is a significant step towards securing financing for development projects. These projects are crucial for Libya's economic growth and sustainable development.
The Islamic Development Bank plays a vital role in supporting development projects in member countries. The bank's financing and technical assistance can help Libya address its development challenges. The meeting with Libyan ministers demonstrates the bank's commitment to supporting the country's development priorities.
The outcome of the meeting is expected to contribute to the development of Libya's agriculture, animal wealth, and water resources sectors. The country's progress in these areas will be closely watched by stakeholders. The Libyan government will likely continue to engage with international partners to secure financing and support for its development projects.
Key points
- Libyan ministers meet with Islamic Development Bank to discuss development project financing.
