The Ministry of Economy and Trade disclosed on Wednesday plans to convene a Libyan-German economic forum in the capital, Tripoli, in June, with the participation of business owners and investors from both countries.
The announcement came during a meeting between Minister of Economy and Trade Mohammed Al-Hweij and German Ambassador to Libya, Michael Ohnmacht, in the presence of the Director of Foreign Trade Administration and the Head of the International Cooperation Department at the ministry.
According to the ministry on Facebook, the meeting discussed economic and trade cooperation and ways to enhance relations and networking between the private sectors of both countries.
Al-Hweij emphasized the importance of the forum and its role in strengthening ties between financial and commercial institutions.
He also directed the relevant departments to cooperate with the German Embassy’s commercial office and other relevant bodies to prepare for the forum and support Libyan and German businesses participating in the event.
The statement also quoted the German Ambassador reaffirming his country’s support for achieving economic stability in Libya and enhancing trade and investment relations, emphasizing the interest of German companies in expanding cooperation with the Libyan private sector and contributing to the reconstruction and economic development plan.
