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Foreign powers jockey for position in Libya

Monday, April 26, 2021

Significance

The outcomes of these meetings may indicate the dynamics of external states' future behaviour, which will shape domestic developments until elections are held on December 24.

Impacts

  • Turkish investment in Libya will increase, strengthening Ankara’s foothold.
  • Greece and Egypt will be most affected by Turkish dominance in Libya and both will seek to undermine any status quo that supports it.
  • The new government will rely on oil money to secure support from the various armed groups and constituencies.
  • Investment in the oil industry will rise as government provides support to repair and upgrade infrastructure and increase output.

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