Mohamed Al-Hwaij, Libya’s Minister of Economy and Trade in the Government of National Unity (GNU), along with the Chairman of Libya’s Trade Network, Mohamed Al-Darwish, recently presided over the inauguration of the Mawthooq platform. This platform is designed for the registration and accreditation of e-commerce stores.
This initiative was part of a workshop organized by Libya’s Trade Network, which operates under the ministry. The workshop was focused on regulating e-commerce stores in the Libyan market.
According to a statement from the GNU on Sunday, the workshop included several dialogues sessions. These sessions were aimed at familiarizing attendees with the regulatory framework for operating e-commerce stores, in accordance with the approved guidelines and classifications. Additionally, the mechanism for registering stores on the Mawthooq platform and obtaining the necessary permits for e-commerce operations were discussed.
The event was attended by the Deputy Minister for Economic Affairs, the Deputy Minister for Free Zones, the General Manager of the Credit Guarantee Fund, and representatives from the Central Bank of Libya (CBL), the General Authority for Communications and Informatics, the Libyan Telecommunications and Technology Holding Company, financial services, and electronic payment companies, as well as academics and various e-commerce store owners.
The workshop concluded with recommendations to support and develop the infrastructure of the e-commerce sector. The participants called for the involvement of all relevant entities in organizing e-commerce stores through the Mawthooq platform.
On the sidelines of the workshop, Al-Hwaij approved several e-commerce stores, handing over permits to operate after their successful registration on the online platform. This step marks a significant advancement in Libya’s digital economy, promoting modern trade practices and encouraging technological innovation in the country’s commercial sector.
The move by the Libyan government to regulate and support e-commerce reflects a growing trend in the region to embrace digital transformation. By establishing a regulatory framework, Libya is aiming to foster a secure and reliable online market, increasing consumer confidence and providing a boost to local businesses and startups.
As Libya continues to rebuild and diversify its economy, the development of e-commerce is seen as a key component of its economic strategy. This initiative not only supports local entrepreneurs but also opens new channels for international trade, further integrating Libya into the global digital economy. The government’s commitment to developing this sector is an encouraging sign for the future of Libya’s economy.