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Libya & Greece Discuss Enhancing Trade

October 6, 2023
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In a key development aiming to fortify bilateral ties, Mohamed Al-Hwaij, the Libyan Minister of Economy held pivotal discussions with Greek Consul in Tripoli. They discussed pathways to international collaboration, and the resumption of meetings for the Joint Libyan-Greek Committee.

The meeting was also attended by the Head of the International Cooperation Department at the ministry, Faraj Al-Bay.

Al-Hwaij emphasised Libya’s “earnest desire to strengthen trade relations with the Republic of Greece, activating bilateral agreements and memoranda of understanding (MoU) previously established between the two nations in economic, trade, and investment spheres.”

Furthermore, Al-Hwaij extended an invitation to his Greek counterpart to visit Libya, with an economic and trade delegation. An agreement was reached to prepare the necessary arrangements for organising the Libyan-Greek Economic Forum, with the aim of developing trade between the private sectors, and establishing investment partnerships in areas of mutual interest.

On his part, the Consul expressed Athen’s aspiration to inaugurate direct communication channels between governmental institutions, and the private sector in both countries.

He highlighted the importance of activating diplomatic cooperation that contributes to enhancing bilateral relations, and highlighted the interest of Greek companies to resume operations in Libya.

Last month, the Foreign Minister of the Libyan Parliament-designated government expressed its condolences and sympathy to Greece, following the death of five members of a rescue team in Libya.

The rescue team was involved in a devastating road accident on Sunday, en route to the flood-stricken city of Derna, after arriving in Benghazi.

Two vehicles collided head-on, resulting in the deaths. The collision also claimed the lives of three individuals from the oncoming vehicle, all of whom were Libyan nationals.

In a statement issued on Monday, the ministry conveyed its wishes for a speedy recovery to the injured, who received initial medical treatment in Libyan hospitals.

For his part, Greek Prime Minister, Kyriakos Mitsotakis expressed deep sorrow after the loss of five members of a Greek rescue team, in a tragic car accident in Libya.

The Greek team was involved in a devastating road accident on Sunday, as they were en route to the flood-stricken city of Derna, after arriving in Benghazi.

Their vehicle collided head-on with another, resulting in the death of five of the team. The collision also claimed the lives of three individuals from the oncoming vehicle, all of whom were Libyan nationals.

Tags: Economy MinisterGreecelibyaMohamed al-HwaijTrade
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