No Result
View All Result
Saturday, July 12, 2025
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Libya

New €15 million support package from EU

byNigel Ash
November 27, 2013
Reading Time: 2 mins read
A A

By Libya Herald staff.

Tripoli, 26 November 2013:

The EU is looking to resume talks with Libya, suspended since the revolution, on the . . .[restrict]a trade and cooperation agreement, modelled on the deals it has with other states close to its borders.

Meanwhile it has just produced two financial packages, worth a total of €15 million, the first aiming to help businesses get off the ground and the second to promote the protection of the vulnerable.

The €10 million commercial funding is in part targeting micro, small and medium-size enterprises (MSME). The EU says that it will be setting up “widely accessible and relevant” support services, for firms that are seeking to expand. A focus on job-creation, particularly for women and young people will, it says, promote a dynamic and diversified private sector.

RELATED POSTS

Libya will not bear burdens of illegal immigration alone or be settlement area: Interior Minister Trabelsi

Libya and Austria discuss possibility of holding economic forum

However part of this money will pay for the technical expertise to help the Libyan government work on the EU Framework Agreement, which will cover all Libyan-EU relations, including trade and economic cooperation.

The smaller €5 million tranche for the Protection of vulnerable people in Libya looks to ensure that detainees are housed and treated in line with international standards. There is also funding earmarked for psychosocial rehabilitation and mental health services. The ambition is to help Libya reach out to at-risk groups, in particular the socially and economically disadvantaged, internally displaced people and minorities.

The EU cites its 2012 report which found the problems “dire” for minority groups such as the Tawergha, the Meshashia and the Tuareg.

It notes: “As of March 2013, the Libyan Relief Agency (LibAid), reported 74,802 Internally Displaced Persons (IDPs), most of whom of Tawarghan origin, living in urban settings and camp-like settings in and around Tripoli, the Nafusa Mountains and Benghazi, and in detention”.

The EU says that, excluding €80.5 million humanitarian assistance it provided in 2012, Brussels’ total programme in Libya now stands at €95 million. [/restrict]

Tags: BusinessEULibyasupporttrade and cooperation agreementvulnerable€15 million

Related Posts

Attorney General orders arrests at Jumhouria bank branch for embezzlement
Libya

Attorney General provides update on investigation of incidents resulting from Tripoli 2025 armed clashes and demonstrations

July 11, 2025
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Libya

Aldabaiba seeking long term partnership not interim solutions on combatting irregular migration

July 10, 2025
Acting Interior Minister Trabelsi taking steps to counter forged ID numbers and passports
Libya

There are 4 million irregular migrants in Libya: Interior Minister Trabelsi

July 10, 2025
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Libya

Aldabaiba: Militias have become criminal gangs and a state within the state

July 9, 2025
Libya Herald exclusive: Responding to the prime minister’s call yesterday to the private sector and banks to do more, leading businessman Husni Bey responds
Business

Op-Ed: Reputational Damage Is Worse Than Losing Money

July 2, 2025
Libyan Russian Economic Forum starts in St. Petersburg
Libya

Libyan Russian Economic Forum starts in St. Petersburg

June 27, 2025
Next Post
Management closes Tripoli Tower in security dispute

Management closes Tripoli Tower in security dispute

Tripoli’s rubbish collectors protest over unpaid salaries

Tripoli’s rubbish collectors protest over unpaid salaries

ADVERTISEMENT

Top Stories

  • Benghazi port receives 398 containers of mixed goods, 25,000 tons of wheat, 28,500 tons of barley and 6,000 tons of cement

    All imports into Libya must be paid for through official bank transactions

    0 shares
    Share 0 Tweet 0
  • BP to reopen office in Libya, Shell discusses prospects for cooperation in oil field development‎

    0 shares
    Share 0 Tweet 0
  • Libya Development and Reconstruction Fund signs contract with Turkey’s Ankamenia for maintenance of Benghazi University’s medical colleges

    0 shares
    Share 0 Tweet 0
  • Libyan olive oils win gold at Anatolian, Berlin and Japan 2025 international olive oil competitions

    0 shares
    Share 0 Tweet 0
  • Op-Ed: Reputational Damage Is Worse Than Losing Money

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

CBL workshop on ‎”The Role of the Banking Sector in Revitalising Stalled Housing Projects and Urban Development”‎ to be held in Tripoli on 13 July

Attorney General provides update on investigation of incidents resulting from Tripoli 2025 armed clashes and demonstrations

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.