The Trump administration has reportedly discussed unfreezing $30 billion in Libyan sovereign wealth fund assets with the Tripoli-based government, in exchange for a $10 billion reinvestment stake in infrastructure and energy projects, according toMiddle East Eye. The assets, held by the Libyan Investment Authority (LIA), have been frozen under UN sanctions since 2011.
The plan was said to be pitched by Tripoli officials during meetings in early 2025 and has drawn interest from Trump advisers. But the LIA, which manages an estimated $70 billion in global assets, rejected the claims. In a statement, it “categorically denied” any negotiations with the Trump administration and reaffirmed that decisions over the assets must follow international legal frameworks and reflect the interests of the Libyan people.
The episode highlights the mounting international interest in Libya’s contested wealth amid continuing political division and the absence of national elections.
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