Erdogan noted that sanctions had never been used against a fellow NATO member before.
Libya's central bank announced the official exchange rate will be set at 4.48 Libyan dinars to the dollar, after holding its first full board meeting in six years.
Abu Agila Mohammad Masud, reportedly held by Libyan authorities, is set to be charged by the US, according to local media.
The bodies of four children were found by a rescue team after a boat carrying 30 people sank near the Libyan coast.
Comment: Reflecting on a decade of Arab uprisings, Rami Khouri takes stock of a protest movement on hold, as Arab states and citizens enter their second century of state-building.
Comment: Rami Khouri reflects on a decade of Arab uprisings that saw unprecedented protest and the slow birth of a new Arab citizen, but also the brutal response of regimes.
In-depth: Ten years after the Arab Spring broke out, the hopes of protesters for democracy and social justice have failed to materialize, but activists have learnt lessons since then.
Barack Obama's recollection of his early White House years reopens the debate about the former US president's controversial Middle East policy.
The forum failed to break the deadlock on the selection mechanism despite six online meetings since their face-to-face talks in Tunisia in November.
All mercenaries and foreign fighters in Libya must leave, an unanimous statement from the UN Security Council urged on Tuesday.