Tripoli, 19 September 2013:
A business delegation of eight Italian companies from the city of Padova will be in Tripoli from 21 . . .[restrict]to 24 September to meet Libyan counterparts and discuss the possible development of business relations.
The trade mission is a joint initiative of the Italian Trade Commission – Trade Section of the Embassy of Italy in Libya, and Padova Promex, the operational branch of Padova Chamber of Commerce.
The programme includes business-to-business meetings on the 22nd, followed by visits to Libyan companies’ facilities in the following days.
The Italian companies are highly specialized manufacturers from various sectors, such as technical materials for the industry of construction, professional equipment for hotels and restaurants, systems for power generation and transmission lines, food processing equipment and technical items for oil & gas industry.
Despite security conditions, Italian companies see great business potential in Libya. This initiative will be followed by another two trade missions, to be organized by the Italian Trade Commission within a few months.
Trade volumes between Italy and Libya grew dramatically in 2012 and nearly returned to pre-war levels, while mid-year figures show a further increase in 2013. It is particularly noteworthy that Italian exports to Libya, after a 300% growth in 2012 to 2,4 billion Euros, have already grown by another 17% until May 2013 and are projected to touch 2,7 billion Euros by year end, with Italy retaining its traditional position as the main supplier of the Libyan market.
For further details contact the Trade Section of the Italian Embassy in Tripoli. [/restrict]
