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CBL Governor assures US business that Letter of Credit openings and foreign exchange sales to the public and private sectors proceeding normally

bySami Zaptia
April 22, 2025
Reading Time: 1 min read
A A
CBL receives results from meetings with international banks

Letters of Credit (LCs) openings and foreign exchange sales to the public and private sectors were proceeding normally, Naji Issa, the Governor of the Central Bank of Libya (CBL) said.

CBL Governor Issa, and his accompanying delegation, was reassuring an American audience yesterday during a roundtable discussion hosted by the US-Libyan Business Association (USLBA) at its Washington DC headquarters.

The roundtable included Jonathan Winer, former US Special Envoy to Libya, and several businessmen and representatives of American companies.

The discussion, the CBL reports, focused on economic developments and the business and investment environment in Libya, which impact the performance of foreign and American companies operating there.

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The discussion also addressed the Governor’s efforts as part of his initiative to reform the country’s overall economic situation and opportunities for enhancing economic cooperation.

Tags: CBL Central Bank of LibyaCBL Governor Naji IssaUSLBA US Libya Business AssociationWashington DC

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