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Libya-Indonesia Discuss Strengthening Trade

February 14, 2023
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The Chairman of Libya’s General Federation of Chambers of Commerce, Industry, and Agriculture, Mohamed Al-Raidh met with the Chargé d’Affairs of the Indonesian Embassy in Libya, Didi Ahmed Rifai on Monday.

The two sides discussed ways to enhance and increase economic cooperation. They also agreed to facilitate travel procedures for citizens and businessmen between the two countries.

The officials discussed facilitating the return of Indonesian companies to Libya, and granting visas to Libyans from Tripoli.

They also agreed to increase bilateral trade, especially in dates, oils, stationary supplies, and tires.

In December 2022, the Libyan Minister of Economy and Trade, Mohamed Al-Hwaij met with the Chargé d’Affaires of the Indonesian Embassy to Libya.

Al-Hwaij called on Indonesia to open its consulate in Benghazi, as soon as possible. He noted that “this will contribute to facilitating the movement of business owners and the procedures of companies and investors from the two countries.”

They have discussed the difficulties and obstacles facing Indonesian companies in Libya, and ways to address them. As well as the “mechanism for reviewing and activating bilateral trade agreements, the promotion of trade cooperation, the exchange of expertise and experiences in areas of interest, and the establishment of joint fishing factories.”

Al-Hwaij invited the Indonesian Minister of Commerce to visit Libya, to enhance economic and trade cooperation, and organize joint activities involving business owners and companies in both countries.

The officials also discussed the obstacles facing Libyan business owners in Indonesia, and ways to facilitate movement, residence, and financial procedures for companies and investors. This is in addition to the possibility of organizing an exhibition of Indonesian industries and products in Libya, and bilateral meetings between business owners to present investment opportunities in the two countries.

Tags: IndonesiaIndonesian Embassylibyatripoli
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