Minister of Economy and Trade Mohamed Al-Huwaij has called for the enforcement of the decision prohibiting foreign involvement in commercial activities.
The Prime Minister’s Office issued Decision No. 508 of 2022, banning non-Libyans from engaging in all retail and wholesale commercial operations.
Al-Huwaij’s remarks came during a meeting with the mayors of Al-Maamoura, Al-Maya, and Al-Swani municipalities on Monday as part of efforts to regulate commercial activities within the municipalities.
During the meeting, Al-Huwaij emphasized the importance of overseeing foreign labour in the local market within the municipalities in coordination with regulatory and relevant authorities.
The meeting also discussed the role of academic institutions and Libyan universities in studying the features of each municipality and leveraging natural resources to establish industrial and agricultural investment projects.
The initiatives aim to support the Ministry of Economy’s strategy for economic diversification, increase income sources, and create job opportunities for the youth, as stated by the Economy Ministry on Facebook.
