Representatives of Libya’s rival eastern and western legislative bodies have reached a much-anticipated agreement on the disputed leadership of the Central Bank of Libya (CBL), according to the UN mission in Libya (UNSMIL), which facilitated the talks.

“The two parties initialed an agreement on the procedures, criteria, and timelines for appointing a Governor, Deputy Governor, and Board of Directors for the Central Bank of Libya, in accordance with the provisions of the Libyan Political Agreement,” UNSMIL announced on 25 September. (CONTINUED - 164 WORDS)