The United Nations Security Council (UNSC) has called on Libya’s rival factions to urgently form a unity government, threatening to impose sanctions against those behind the spiraling violence in the North African country.

In a statement released on Tuesday, the 15-member council urged Libya’s political parties to “agree on arrangements on the formation of a national unity government to end Libya’s political, security and institutional crisis.”

Libya has two rival camps vying for the control of the country, with one governing the capital city of Tripoli and the other, Libya’s internationally recognized government, controlling the eastern cities of Bayda and Tobruk.

On Monday, under UN auspices, the two sides held negotiations in the Algerian capital, Algiers, with participants hoping to reach an agreement to end the ongoing conflict in Libya.

In their Tuesday statement, the UNSC members expressed deep concern about the continuing violence in Libya, dismissing any “military solution” to the country’s crisis and called on all parties to “cease hostilities to create a peaceful and conducive environment for an inclusive dialogue.”

The UNSC also warned that it is “prepared to sanction those who threaten Libya’s peace, stability or security or that obstruct or undermine the successful completion of its political transition.”

Libya plunged into chaos following the 2011 uprising against the dictatorship of Muammar Gaddafi. The ouster of Gaddafi gave rise to a patchwork of heavily-armed militias and deep political divisions.

The violence-hit country has recently witnessed a rise in the presence of Takfiri ISIL terrorists, who were initially trained by the CIA in Jordan in 2012 to destabilize the Syrian government.

Exploiting the power vacuum in Libya, the ISIL, which controls parts of Iraq and Syria, has expanded its acts of terror in the North African country.