Turkey, Libya agree to increase trade volume after forum

In an effort to increase the trade volume between the two countries, Libyan and Turkish businesspeople are gathering in Istanbul for a forum.

The two countries’ governments have aimed at a trade volume of $10 billion over the next five years, but while officials place their faith in such development, some participants say there remain large differences between each country’s business culture

Turkish Industry and Trade Minister Nihat Ergün said Thursday that Turkey and Libya should increase the annual trade volume to $10 billion over the next five years.

Speaking during the first Turkey-Libya Business Forum in Istanbul, Ergün said businesspeople from both sides would get to know each other at the forum and discover new ways for investments…read more


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