Fayez al-Sarraj, the head of Libya’s internationally-recognised government, has said he wants to quit by the end of October and hand over power to a new executive authority as efforts to find a political solution to the country’s years-long conflict gather pace.

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In a brief televised speech on Wednesday, al-Sarraj said United Nations-brokered talks between the country’s rival factions have led to a “new preparatory phase” to unify Libyan institutions and prepare for parliamentary and…

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