The US-Libya Business Forum has commenced in Washington, D.C., bringing together Libyan and American business leaders to explore investment opportunities and strengthen trade relations.
US Special Envoy to Libya, Ambassador Richard Norland, praised the American Chamber of Commerce in Libya for organising the event, calling it a significant step toward deeper economic cooperation.
In a video message shared by the US Embassy on X, Norland highlighted the importance of mutually beneficial business opportunities, stating that economic partnerships remain a priority for the US administration.
He emphasised that the forum aims to open new avenues for trade and investment, benefiting both Libyan and American businesses. He also pointed out that Libya has significant potential for economic growth, particularly as the country focuses on improving its business climate.
Norland underscored the need to ensure the integrity of Libya’s sovereign institutions, including the National Oil Corporation, the Central Bank of Libya, and the Audit Bureau. He stressed that transparency and accountability within these entities are crucial to creating an attractive environment for foreign investors.
The envoy also noted that discussions are not limited to the oil and gas sector but extend to key industries such as healthcare, agriculture, transport, and trade. He expressed optimism that this event would pave the way for broader economic partnerships between Libya and the United States.
