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58% Surge in UK-Libya Trade Volume

September 3, 2024
58% Surge in UK-Libya Trade Volume
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The trade volume between the United Kingdom and Libya has seen a substantial increase of 58%, reaching a total of €2.2 billion. This announcement was made by British Ambassador Michael Longden via a tweet on “X” (formerly Twitter), expressing his pleasure over the growth in both imports and exports between the two nations.

Ambassador Longden highlighted, “It is gratifying to see the latest trade figures between our countries showcasing a 58% increase—now valued at €2.2 billion. This includes a rise in both imports and exports.” He added that several exciting projects are currently in the pipeline, which could further bolster Libya’s economic potential and address ongoing political challenges.

In a related development, Abdulrahman Bin Youssef, the Head of Libya’s Civil Aviation Authority, met with British Ambassador Martin Longden to discuss resuming flights between the two countries, particularly to cities with large Libyan diaspora communities. Ambassador Longden committed to liaising with relevant authorities in the UK to facilitate these efforts.

Moreover, the Civil Aviation Authority of Libya, through a statement on their Facebook page, mentioned that the meeting covered performance rates in meeting international requirements to lift the European ban on Libyan aircraft. Discussions also touched on adverse effects due to security concerns and ongoing conflict designations for Libya, which hinder the resumption of full flight services to Libyan airspace.

Tags: Civil AviationlibyaTradeUK
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