ESCWA Publication: E/ESCWA/CL6.GCP/2020/2
Publication Type: Reports & studies
Cluster: Governance and Conflict Prevention
Initiatives: Libya Socioeconomic Dialogue
SDGs: Agenda 2030
Keywords: Conflict, Armed conflicts, Post-conflict reconstruction, Economic conditions, Peace, Regional cooperation, Libya
Benefits of Peace in Libya: Neighbouring Countries and Beyond
The present report focuses on the consequences of ending the conflict in Libya and securing agreement on regional cooperation, in particular regarding trade with Egypt, the Sudan and Tunisia. The report provides a quantitative assessment of the economic impact of a peace agreement in Libya on regional cooperation. Peace in Libya will also result in significant gains in growth, employment and investment for countries neighbouring Libya, namely, Algeria, Egypt, the Sudan and Tunisia.
Peace in Libya will end a destructive conflict that has come at such a high cost for human life and progress, and will subsequently promote the return of security and order throughout the country. Peace will limit the significant cost of the conflict for the Libyan economy and society. The resulting gains can be invested in meeting the needs of the Libyan economy, thus allowing the country to strive towards achieving the SDGs.