Mohamed Hwej, the Minister of Economy and Trade in the Tripoli-based Libyan government, met several businessmen and owners of Algerian companies specialized in the fields of industrial engineering and oil at his Tripoli office yesterday. The meeting was also attended by the Undersecretary for Economic Affairs, Saad Al-Haneish, the Undersecretary for Free Zones Affairs, Nouri Al-Gatati, and the Director of the Foreign Trade and International Cooperation Department in the Ministry. This is since Algeria possesses economic potential, great resources, and good experience in several fields. Reopen border crossingsAl-Gatati Emphasized Libya’s desire to reopen the land ports between the two countries to increase the volume of trade exchange, activate free zones and transit trade towards the African market, especially. He said the Ministry of Economy and Trade is keen to provide all necessary facilities in the investment and trade sectors and support the private sector to contribute to the diversification of the Libyan economy.

Source: Libya Herald July 25, 2023 21:32 UTC