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Home Business

Egypt proposes Egyptian-Libyan economic conference

bySami Zaptia
April 3, 2015
Reading Time: 1 min read
A A

By Libya Herald reporter.

Tunis, 3 April 2015:

The Prime Minister of Egypt, Ibrahim Mahlab, has suggested the holding of a Libyan-Egyptian economic . . .[restrict]conference for companies and business leaders from both countries.

The conference would explore the opportunities for investment and trade cooperation and in the development of Libya, Alwasat reports.

The proposal was made to the Libyan Deputy Prime Minister Abdulrahman Al-Aherish on the side lines of the 18th COMESA Summit of heads of state held in Addis Ababa 30-31 March.

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During the meeting, the Egyptians expressed a desire to play a more prominent role in the future reactivation of the Libyan economy and its programme for future development.

Egypt was keen to make available its trained labour force and was keen to encourage Egyptian investors to participate in joint ventures in Libya.

The Libyans for their part  assured that the Libyan state will standby those who stood by it in the current circumstances by offering it opportunities in the future after Libya returns to stability.

Both sides agreed to increase bilateral trade and to make Egypt a strategic partner on different levels for future Libyan trade and investment.

  [/restrict]

Tags: developmenteconomic conferenceEgyptInvestment

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