Last week, senior Turkish officials — including Foreign Minister Mevlut Cavusoglu and Treasury and Finance Minister Berat Albayrak — met Prime Minister Fayez al-Sarraj to discuss more cooperation on security, investment, infrastructure and oil, according to a report published by Bloomberg.
Among other things, Turkish advisers are expected to help rebuild the Libyan banking system, Turkish companies will help in energy exploration, and Turkish ships will get Libyan oil to global markets.
One motivating factor in Erdogan’s backing of the GNA was the resumption of construction projects worth about $18 billion. Libya is also key to Turkey’s claims in the Eastern Mediterranean, where it hopes to become a significant energy player.
A rebound in stocks — enabled by lower interest rates and measures to defend the lira — looks fragile. Such conditions are hardly ideal for embarking on a nation-building project in a country as damaged as Libya.