By Sami Zaptia.
Tripoli, 15 March 2013:
A workshop was held on 11 March at the Dat Il Imad complex in Tripoli . . .[restrict]by the Ministry of Economy on the new LTNET or Libya Trade Network.
The workshop was attended by the Minister of Economy Mustafa Abufunas, Korean Ambassador to Libya Mr Lee Jong-kook, as well as the Ministers of Planning, Communications, Transport and the two Korean companies helping Libya implement the project.
The LTNET is the new e-commerce portal or electronic “Unified Window” that the Ministry of Economy is setting up and implementing with help from the South Korean government in an effort to streamline the process of importing and exporting goods.
The workshop was entitled “The process of activating units that form Libya trade net with related sectors”. The aim is to organize and develop the external trade sector in Libya by raising the efficiency and standards of procedures and processes at all the parties that are concerned with external trade.
Economy Minister Mustafa Abufunas said that “the system is to ease the process of trade, documentation and banking, improve the quality of processes, exploiting Libya’s ports capacity, improve trade regionally and internationally and improve e-commerce.”
The head of Libya’s LTNET, Emhemed Al-Dirweesh, said that customs, customs clearers, ports, banks and chambers of commerce would all be part of the LTNET system, helping bring Libya closer to paperless commerce and trade procedures and processes.
The full version of this article will be in the forthcoming April edition of the Libya Herald Business Eye magazine, available in hard copy within Libya and downloadable in a pdf version from our website. [/restrict]