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Libya and Turkey Discuss Expanding Economic Cooperation

May 25, 2026
Libya and Turkey Discuss Expanding Economic Cooperation
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Libyan Economy and Trade Minister Soheil Bousheha held talks with Turkish Ambassador to Libya Güven Begeç as part of ongoing efforts to strengthen economic and trade cooperation between the two countries.

The meeting focused on following up the work of the Libyan-Turkish Joint Committee and reviewing recent developments related to bilateral economic relations, according to officials familiar with the discussions.

The two sides discussed progress in resolving the status of Turkish companies operating in Libya, alongside efforts to complete the technical and regulatory procedures required to facilitate the return of suspended projects and revive joint economic activity.

Libyan officials said the talks aimed to enhance confidence between the two countries and create a stable business environment capable of supporting investment and reconstruction projects across Libya.

The discussions also addressed preparations for the upcoming meeting of the Libyan-Turkish Joint Committee, in addition to mechanisms for expanding trade exchange and opening broader opportunities for partnership and investment in several sectors.

Bousheha stressed the importance of building on the strategic economic relationship between Libya and Turkey, highlighting the need to develop cooperation in ways that support economic stability and encourage private sector activity, trade, and investment.

Turkey remains one of Libya’s key economic partners, particularly in the construction, infrastructure, and energy sectors. Turkish firms were heavily involved in projects across Libya before the 2011 uprising, with many contracts suspended following years of conflict and political instability.

In recent years, Ankara and Tripoli have intensified economic coordination as part of wider cooperation agreements covering trade, investment, infrastructure, and energy development.

Libyan officials have repeatedly stated that resolving outstanding issues involving Turkish companies is essential for accelerating reconstruction efforts and attracting foreign investment into the country’s recovering economy.

The meeting reflects continuing efforts by both Libya and Turkey to deepen economic ties and restore momentum to joint commercial projects after years of disruption.

Tags: economylibyaTradeTurkey
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