Thursday, July 3, 2025
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Economy

Libya & US Discuss Economic Cooperation

October 22, 2024
Libya & US Discuss Economic Cooperation
Share on FacebookShare on Twitter

On Monday, US Special Envoy to Libya, Ambassador Richard Norland, and Chargé d’Affaires Jeremy Berndt held a meeting in Tunis with Libya’s Minister of Economy and Trade, Mohamed Al-Hwaij.

The discussions centred around the long-term commitment of the United States to Libya, particularly focusing on the US Strategy to Prevent Conflict and Promote Stability.

The US Embassy in Libya said that the US Strategy, a 10-year initiative, aims to support Libya’s development, stability, and security. Ambassador Norland highlighted that this framework not only seeks to address conflict prevention but also to foster economic ties between the two nations.

The statement added that the strategy underscores the U.S. commitment to rebuilding Libya’s institutional and commercial landscape, which has been marred by years of instability.

One of the key aspects of the meeting was U.S.-Libya commercial engagement. Both parties recognised the importance of strengthening economic ties through business ventures and investment opportunities. Minister Al-Hwaij emphasised Libya’s desire to attract US companies to contribute to rebuilding the country’s infrastructure and expanding its economy.

The US sees great potential in Libya’s trade and economy, particularly in sectors like energy, agriculture, and infrastructure. By encouraging U.S. firms to invest, both sides hope to contribute to the rebuilding process and support long-term economic growth.

The meeting reaffirmed the US’s support for Libya’s recovery, both through conflict prevention and promoting economic opportunities. This collaboration is expected to help Libya emerge stronger and more stable in the coming decade, paving the way for sustainable development.

Tags: economylibyaRichard norlandus
Next Post
Tunisian & Libyan Authorities Explore Joint Housing Projects

Tunisian & Libyan Authorities Explore Joint Housing Projects

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Foreign-Led Human Trafficking Ring Arrested in Libya

Libya to Enforce ID Registration for All Foreign Nationals

Turkey Hosts Libyan Military Delegations After Saddam Haftar Visit

EU Calls for Firm Measures in Libya to Halt Migrant Boats

Libya Achieves World’s Highest Growth Rate Among Sovereign Funds

Libya Plans First Oil Auction in 18 Years

EDITOR PICKS

Libyan Government Signs Multi-Sector Deals with Belarus

Libya Expands Economic Ties with Chinese Industry Giants

Libya Plans First Oil Auction in 18 Years

Libya & Belarus Discuss Direct Flights

Libya Achieves World’s Highest Growth Rate Among Sovereign Funds

Benghazi Hosts Libyan-Swiss Humanitarian Dialogue

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR