Libya greenlights easier investment path for China.

0
256

Minister of Economy and Trade Mohammed Al-Hawij has instructed the relevant departments to streamline procedures and accelerate investment projects for Chinese companies seeking to enter the Libyan market.

Al-Hawij made these directives during a meeting with Leo Jian, the Charge d’Affaires of China to Libya, aimed at discussing economic and trade relations between the two countries.

The meeting grouped the Director of the Department of Foreign Trade and International Cooperation at the Ministry, the Deputy Director-General of the Authority for Supervising Insurance, and a representative from the Ministry of Foreign Affairs and International Cooperation.

A statement by the Ministry of Economy on Facebook said that discussions revolved around activating and supporting the Libyan-Chinese Business Council to facilitate the private sector’s work, enhance economic and trade cooperation, facilitate visits, and establish joint cooperation committees.

The Charge d’Affaires reiterated the eagerness of Chinese companies to recommence their operations in Libya, demonstrating their steadfast commitment to implementing investment projects and strengthening economic and trade ties between the two nations.

SOURCElibyaobserver
Previous articleAl-Kabir discusses with Bank of New York Mellon combating money laundering.
Next articleLibyan-Maltese trade forum kicks off in Malta, talks focus on cooperation.