Monday, October 6, 2025
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Libya

Libya-UK Agree to Boost Economic Cooperation

September 23, 2021
Share on FacebookShare on Twitter

Libyan Minister of Economy and Trade, Mohamed Al-Hweij met with the UK Ambassador to Libya, Caroline Hurndall in Tripoli. They discussed aspects of bilateral economic and commercial cooperation.

Al-Hweij affirmed Libya’s keenness to establish a real partnership with the United Kingdom in a number of fields, such as healthcare and transportation.

He noted that the ministry is working on a program of economic reforms aimed at improving Libya’s business environment. This is to create investment opportunities for both the local and foreign private sectors.

“The Libyan authorities are working to support the business sector, investments, and the implementation of renewable energy projects to enhance its role in raising the level of GDP for non-oil sectors,” he said according to a statement issued by the ministry.

“The government is looking forward to raising the level of cooperation with advisory institutions and specialized experts from the United Kingdom in this field,” he added

Al-Hweij called on the UK to organize a joint economic forum under the auspices of the Ministers of Economy and Trade in both countries. “The forum aims to exchange experiences, and discuss promising cooperation opportunities in the fields of investment. As well as implementing and activating free and industrial zones, and organizing joint international exhibitions,” the statement noted.

In turn, the British Ambassador expressed her readiness to provide the necessary support to Libya in all sectors. As well as contributing to the implementation of renewable energy projects to wean Libya off of hydrocarbons.

The two sides stressed the importance of continuous communication, and strengthening cooperation regarding the joint forum.

  • Libya-UAE Seek to Enhance Oil Sector Cooperation
  • Libya-Egypt Discuss Enhancing Joint Cooperation in Oil Sector
  • Libyan PM Forms Committee to Discuss Public Sector Salary Increase
  • What New Measures Has Libya’s National Oil Corporation Taken?
  • Bashagha and UNSMIL Discuss Plans to Integrate Militias and Reform the Security Sector
Tags: Caroline HurndallEconomic CooperationlibyaMohamed al HwaijUK
Next Post

Man Shot Dead in Libyan Capital by Masked Gunmen

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Libya & France Strengthen Military Ties in Benghazi

Libya’s Electoral Commission Resumes Municipal Elections

Libya Launches Major Expansion at Sebha Airport

Libya to Assign New Head for Electoral Commission

Libya Seeks Closer Ties With UK to Stop Migrant Flows

Iran Seeks to Boost Economic Ties with Libya

EDITOR PICKS

Libya’s Misrata Port Joins World’s Top 20 Ports in 2025

Libya’s Benghazi University Leads QS Arab Rankings for 2025

Libya Restores Storm-Damaged Ancient Site in Shahat

Libya Blames Lebanon for Hannibal Gaddafi’s Health Decline

Court Rejects PM Dbaiba’s Plan to Merge Tawergha Into Misrata

Libyan MP Accuses Dbaiba’s Government of Deepening National Division

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR