Libyan, Turkish Traders Review Partnership

The Libyan General Office for the transfer of ownership of companies (privatisation) and investment has said that about 160 Libyan-Turkish investment projects, to the tune of 3 billion Libyan dinars (about US$ 2.5 billion) are currently being executed in Libya.

The news was given during the second meeting of the Council of the Libyan-Turkish businessmen in Tripoli devoted to examining ways to establish a true partnership between companies from both countries.

The Council of Libyan Businessmen that was formed in 2006 has focused on developments experienced by Libya in all economic fields. It recalled that many economic laws enacted in Libya have contributed to promoting investment by offering opportunities and guarantees to both foreign and local investors.

The main aim of the board of Libyan-Turkish businessmen is to achieve the economic development through the promotion of trade and economic relations between the two countries…read more

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