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U.S. companies ready to enter Libyan market in near future: AmCham Libya

bySami Zaptia
March 25, 2021
Reading Time: 1 min read
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U.S. companies ready to enter Libyan market in near future: AmCham Libya
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By Sami Zaptia.

AmCham Libya Directors Ahmed Ghazali and Debbie Hirst with Libyan prime minister Abd Alhamid Aldabaiba (Photo: AmCham Libya)

London, 25 March 2021:

U.S companies are able and willing to enter the Libyan market and in the near future, Deputy Director of the American Chamber of Commerce in Libya (AmCham Libya), Ahmed al-Ghazali, told Libya Herald yesterday.

His statement followed on from a virtual meeting held between Libya’s new prime minister, Abd Alhamid Aldabaiba, and U.S. companies – hosted by AmCham Libya.

Al-Ghazali said AmCham Libya is keen to cooperate with Libya and find ways to increase the contribution U.S. investment can make to improving the Libyan economy and standard of living of Libyans.

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Libya needs to diversify its economy away from oil and gas the and U.S companies are well placed to help it achieve that.

Referring to Aldabaiba’s meeting, Al-Ghazali said U.S. companies were encouraged to hear his commitment to making Libya an attractive destination for foreign investment through the creation of an enabling business environment and stability.

He said immediate interest from U.S. companies in areas of cooperation with Libya include the electricity, health and the mechanization of payments sectors. Others will follow soon, he explained.

U.S. Ambassador Norland participated in the virtual meeting.

Continued political progress in Libya can lead to new U.S. and international investment: US Ambassador Norland | (libyaherald.com)

 
Tags: Abd Alhamid aldabaiba pm GNU Government of National UnityAhmed Ghazali AmCham Libyafeaturedu.s. business
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