Tripoli, 19 May:
Libya’s Minister of Economy, Ahmed Khoshly, signed a Memorandum of Understanding (MoU) with his Tunisian counterpart yesterday in Tunis . . .[restrict]in the areas of economics, trade and joint projects.
The MoU included studying the ways in which the joint border regions could be developed to create job opportunities so as to lead to their stability and reduce negative activities such as the smuggling of goods.
It was also agreed that further efforts should be made to increase trade between the two countries, as well as increasing the role of the respective business communities in investment and in economic development.
The need for the activation of the exchange of increased trade contacts, communications and monitoring of commercial activity in and by both countries was also agreed. This is with the aim of giving the relevant parties more authority to coordinate in solving problems that might prevent the flow of goods in either direction.
The agreement also aimed at unifying quality control standards and certifications so as to speed up the flow of goods between the two countries. [/restrict]
