Libyan political rivals agreed on Tuesday to hold presidential and parliamentary elections on December 10, in accordance with a strong constitutional basis, at the end of their meeting in Elysée palace in Paris.

A joint statement issued at the end of the meeting urged the House of Representatives to adopt the necessary elections laws according to the schedule agreed upon by the rivals.

 “The parties have committed to set the constitutional basis for elections and adopt the necessary electoral laws by September 16, 2018, and hold parliamentary and presidential elections on December 10, 2018,”read the statement.

It also called for a gradual termination to the parallel state institutions and unifying the Central Bank of Libya.

“Any party disrupts or obstructs the electoral process shall be held accountable.” The participants agreed. They also agreed to participate in a UN-led inclusive conference to implement terms of Paris agreement.

French president, Emmanuel Macron, described the meeting as “historic.”  

The Paris meeting included Chairman of Presidential Council Fayez Sarraj, Speaker of House of Representatives Aqailah Saleh, President of High Council of State Khaled Al-Mishri and warlord Khalifa Haftar.

Representatives from 20 countries - including Libya's neighbours, regional and European powers, the United States and international organizations attended the meeting.