Minister of Economy and Trade Mohamed Al-Huweij inaugurated an international workshop titled “Maritime Trade: Opportunities and Challenges” on Monday.
The workshop, held in Tripoli under the ministry’s auspices, was organized by the Libyan Trade Network and the Arab Academy for Science, Technology, and Maritime Transport.
The event began with a presentation on the functions of the Libyan Trade Network as an informational link between local and international trade institutions, highlighting its role in overcoming challenges and developing Libya’s trade sector.
In his speech, Al-Huweij emphasized the importance of maritime trade to the economy and diversifying income sources. He noted that global goods trade accounts for 80% via maritime routes, and 90% of imports and exports to and from Africa are transported by sea.
The workshop will continue over the next two days, featuring discussion panels with Libyan and Arab specialists and academics from Egypt, as well as international experts from Belgium, Denmark, Spain, and Singapore.
The participants will address the transport sector’s role in developing maritime trade, enhancing international cooperation, and diversifying the national economy.
