Tripoli, 27 April:
A delegation from the Islamic Corporation for Insurance and Investment, which is part of the Islamic Development Bank (IDB), . . .[restrict]has visited the Libyan Exports Development Centre. The delegation was met by the director of the centre, Ali Owheyda, and the head of its exporters’ support office.
The visit aims at finding ways of helping Libya benefit from international institutions in order to develop local creativity and experience in exports.
Just over six weeks’ ago, Libya signed an Memorandum of Understanding with the Jeddah-based IDB during a visit by its president, Ahmed Mohamed Ali, as well as a number of agreements. These included upgrading an earlier agreement with Libya’s Economic Development Board signed in February 2010 and IDB grant of $50 million in finance support for private projects in Libya.
The latest visit comes within the framework of the MOU.