LIBYA JOINS CHINA’S PAYMENT SYSTEM, REDUCING RELIANCE ON US DOLLAR
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20.07.2026


Anadolu Agency (19 July 2026)

Esra Tekin

 

The Governor of the Central Bank of Libya, Naji Mohammed Issa, and the Governor of the People’s Bank of China, Pan Gongsheng, agreed Saturday to connect Libyan commercial banks to China’s payment and settlement system.

In a statement on its website, the Central Bank of Libya said Issa, who is visiting Beijing, met with the Governor of the People’s Bank of China on Friday.

They reviewed the volume of trade between the two countries and discussed ways to strengthen it and increase its growth rate.

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