The deal aims to create a 'Government of National Accord' to resolve the rivalry between the two competing parliaments, the Tripoli-based General National Congress (GNC) and the Tobruk-based House of Representatives (HoR). Although the HoR signed the deal, the GNC refused to accept it. Yet several other important GNC allies signed the agreement. This skirted outright failure of the UN peace process, but gives the mooted unity government a very shaky basis on which to proceed.
Fissures within the Muslim Brotherhood and the GNC will likely dilute their influence in Libya.
The UN Security Council will increase pressure on rejectionists to come into the fold or face sanctions and isolation.
The deal may well result in peaceful, functioning areas, such as Misrata, keen to attract investment.
However, other areas, such as Benghazi, will likely continue to see violence, which would cloud prospects for investment in stable areas.
