The German Ambassador to Libya, Michael Ohnmacht, discussed the Libyan economic situation and its implications with the Libyan Minister of Economy and Trade, Mohamed al-Hwaij.
Ohnmacht stated that he had a productive meeting with the Minister last week. The German Ambassador added that preparations for the third German-Libyan Business Forum, scheduled to be held in late April in Tripoli, were also discussed during the meeting.
Earlier this month, Ohnmacht engaged in discussions with Ali Al-Abed, Libya’s Minister of Labour and Rehabilitation for the Government of National Unity (GNU).
The primary focus of their dialogue was the prospect of establishing a Libyan-German training centre aimed at enhancing vocational training within Libya across various sectors.
The Ministry of Labour released a brief statement noting the discussions encompassed “prospects of cooperation in various vocational training areas.” This includes the potential for collaboration between German vocational training institutions and companies and Libyan training centers to facilitate knowledge transfer.
This engagement builds on earlier discussions in 2023 between Al-Abed and the German Ambassador about strengthening cooperation with German entities active in Libya.
The focus was on augmenting training centers, entrepreneurship initiatives, and vocational training in partnership with the German Agency for International Cooperation, under the aegis of the German Ministry of Foreign Affairs.
In another context, al-Hwaij convened with key figures in the business and investment sector to discuss strategies for diversifying Libya’s economy and enhancing its Gross Domestic Product (GDP).
The focus of the discussions was to explore avenues of cooperation between the Ministry’s affiliated bodies and Baker’s institution. It is aimed at stimulating investment in targeted sectors as part of the Ministry’s development and economic diversification plan. Highlights included a visual presentation by the General Authority for Investment Promotion and Privatization Affairs on Law No. 9 of 2010 regarding the investment sector, detailing the rights and benefits available to both local and foreign investors.
