President, 

The Security Council has just unanimously adopted Resolution 2819. We would like to thank the United Kingdom for its efforts as penholder. 

The original intention of the Security Council's asset freeze on the Libyan Investment Authority was to safeguard the common wealth of the Libyan people, not to punish them. We welcome the Resolution's adjustment and optimization of the asset freeze measures in response to Libya's requests, which will help ensure better protection of the frozen assets. Relevant financial institutions should, in accordance with the Resolution, engage constructively with the Libyan side and promptly facilitate the reasonable reinvestment of frozen cash assets. The sanctions committee is currently formulating an implementation assistance notice in this regard. China looks forward to all parties reaching consensus at an early date to help preserve and increase the value of the frozen Libyan assets. 

For a long time, the illegal oil smuggling in Libya has been rampant, resulting in the significant loss of national wealth. China supports the Security Council in strengthening efforts to combat illegal oil smuggling in Libya, and calls on all parties to implement the requirements of the Resolution, ensuring that all transactions related to Libyan oil exports are conducted through the system of the National Oil Corporation of Libya, so that Libya's oil resources can truly benefit the Libyan people. The Security Council should continue to pay close attention to the real challenge of illicit arms proliferation in Libya, and call on member states to strictly implement the Council's arms embargo, to help create a favorable environment for maintaining stability in Libya. 

As a good friend of Libya, China has consistently and firmly supported Libya's sovereignty, independence, and territorial integrity, and attached importance to Libya's legitimate concerns. We stand ready to continue working with all parties to make concrete efforts towards achieving peace and development in Libya. 

Thank you, President.