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, Anadolu reports. 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. “The importance of launching a new phase of genuine strategic partnership between the two central banks was discussed. It was agreed to connect Libyan commercial banks to China’s Cross-Border Interbank Payment System, CIPS, […]
This article was sourced from Middle East Monitor.
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