The presidential office said the Moon-Sarraj meeting will also mark the first bilateral summit between the two countries without specifying the exact date for the meeting.

Sarraj currently serves as the chairman of the Presidential Council of Libya and prime minister of the Government of National Accord.

"The meeting is expected to be an important opportunity to develop South Korea-Libya relations through candid talks between the leaders," Cheong Wa Dae spokesman Kim Eui-kyeom said in a press release.

The presidential office expressed hope the upcoming talks between the leaders will lead to increased economic cooperation between the two countries, noting Libya has the world's 10th-largest reserve of petroleum. (Yonhap)