No Result
View All Result
Thursday, September 28, 2023
25 °c
Tripoli
24 ° Fri
24 ° Sat
24 ° Sun
24 ° Mon
  • 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 Business

Algeria to reopen its border with Libya as part of its diversification plans – by becoming hub for sub-Saharan transit trade

bySami Zaptia
April 9, 2021
Reading Time: 2 mins read
A A
24
SHARES
103
VIEWS
Share on FacebookShare on Twitter

By Sami Zaptia.

The Libyan Algerian Ghadames-Debdeb border crossing is preparing for its reopening (Photo: Customs Authority).

London, 9 April 2021:

After Mauritania, Mali and Niger, Algeria is to reopen its land border with Libya and Tunisia soon, Algerian Echoroukonline.com reported yesterday. The northmost Libyan Algerian land border crossing is the Ghadames-Debdeb crossing.

The revelation was made by Algerian Trade Minister Kamal Razik yesterday speaking on the side-lines of the opening day of the Inter-African Exchanges event organized by Condor Electronics at the International Convention Centre in Algiers.

Razik was quoted as saying that the opening of border crossings with neighbouring countries is aimed at exporting and importing African products, and stressed that Africa is and will remain the historical and strategic depth of Algeria.

RELATED POSTS

Benghazi Chamber hosts Chad delegation – discuss commerce and transit trade

Launch of transit trade convoy from Benghazi to Chad

He said Algeria is ready and will help African countries import their products, as well as from around the world through Algeria and deliver them by road to the Algerian border.

Gateway to Africa, transit trade

The concept is similar to the one Libya has been talking about for decades: acting as a gateway for transit trade to and from Africa.

Turkish vision: Turkish logistics base in Libya to reach sub-Saharan Africa

It is also a concept shared by Turkish business. In March, Murtaza Karanfil, founder and chairman of the Karanfil Group, chairman of the Turkey-Libya Business Council of the Council on Foreign Economic Relations (DEIK), had said that “thanks to the logistics base to be established in Libya, we will provide direct access (for Turkish goods) to the middle of Africa.”

“The trade route to East and Central Africa passes through the Suez Canal. Products are delivered to Central Africa and Chad via Djibouti port. This takes 45 days from the Mediterranean to the Suez Canal. Thanks to the logistics base to be established in Libya, we will provide direct access to the middle of Africa. Maybe we’ll use the road there, but ships that already want to reach Central Africa are using the land route.

The logistics base in Libya’’, he had added, ‘‘will also provide an alternative from Africa towards the interior. Libya will provide significant advantages in access to both East and West Africa, especially Central Africa.

He pointed out that ‘‘transportation times of up to 45 days would be reduced to 10-15 days. Libya is a 3-day journey from the Mediterranean Sea. From here we can reach both East and West Africa in 7-10 days by land. The logistics base in Libya relieves this burden at very attractive costs.”

Reopening of Libyan-Algerian Ghadames-Debdeb border crossing

It will be recalled that in March, Libya’s Customs Authority had announced that preparations were ongoing for the reopening of trade at the Libyan-Algerian Ghadames-Debdeb border crossing.

It will also be recalled that Libya had imported large quantities of Algerian produced goods, such as washing powder, prior to the 2011 February revolution.

Goods of Maghrebi and Arab origin enter customs duty free

Goods produced by fellow Maghrebi states do not attract customs duties and thus gain a price advantage over imports from outside the Maghreb (and Arab) union.

Customs Authority preparing to reopen Libyan-Algerian Ghadames-Debdeb border crossing | (libyaherald.com)

 
Tags: Algeria Algerianbordersdiversificationfeaturedland borderssub-Saharantransit trade
Share10Tweet6Share2

Related Posts

Facilities Security Authority meets Russian and Italian ambassadors – discusses training and provision of security to returning companies
Business

Facilities Security Authority meets Russian and Italian ambassadors – discusses training and provision of security to returning companies

September 28, 2023
Libyan eastern government to build 300k bpd Tobruk refinery with foreign investors on BOT basis
Business

Benghazi Chamber hosts Chad delegation – discuss commerce and transit trade

September 28, 2023
Direct flights from Tripoli to Rome to resume on Saturday
Business

Direct flights from Tripoli to Rome to resume on Saturday

September 28, 2023
Dutch embassy assesses security standards, rules and procedures at Tripoli’s Mitiga airport
Business

Civil Aviation Authority concludes meetings with Turkish Civil Aviation team inspecting airports for possible return of Turkish airliners

September 22, 2023
Libya’s eastern government meets Egyptian companies to discuss post Storm Daniel reconstruction
Business

Libya’s eastern government meets Egyptian companies to discuss post Storm Daniel reconstruction

September 22, 2023
Electronic Tracking system for imported goods goes into operation
Business

Customs Authority implements digital transformation through pilot project for customs declaration e-portal

September 21, 2023
Next Post
Second shipment of Russian Sputnik V vaccines arrive in Libya: Third shipment in four days

Second shipment of Russian Sputnik V vaccines arrive in Libya: Third shipment in four days

Libya launches vaccination campaign: Prime Minister, Health Minister and rest of cabinet to receive vaccination first – in effort to encourage public to register

Libya launches vaccination campaign: Prime Minister, Health Minister and rest of cabinet to receive vaccination first – in effort to encourage public to register

 

Advertise on LibyaHerald

Reach thousands of our site visitors daily

240 x 400px

Advertise Here
ADVERTISEMENT

Top Stories

  • Dutch embassy assesses security standards, rules and procedures at Tripoli’s Mitiga airport

    Civil Aviation Authority concludes meetings with Turkish Civil Aviation team inspecting airports for possible return of Turkish airliners

    72 shares
    Share 33 Tweet 16
  • Internal Security arrests NOC Chairman’s Office Manager for corruption in supply of medicines for Derna and its environs

    57 shares
    Share 23 Tweet 14
  • Eastern Libyan government calls for international reconstruction conference for Flood Daniel hit areas

    66 shares
    Share 35 Tweet 13
  • Libya’s eastern government meets Egyptian companies to discuss post Storm Daniel reconstruction

    49 shares
    Share 20 Tweet 12
  • Italian Cabinet gives green light for a state of emergency to intervene in Libya, allocates € 5 million

    46 shares
    Share 18 Tweet 12
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

Spanish epidemiologists and water specialists arrive in east Libya to help with post-Storm Daniel recovery

Russian rescuers end mission in Libya: Russian Foreign Ministry

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.

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

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Sign In with Facebook
    Sign In with Linked In
    OR

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Sign Up with Facebook
    Sign Up with Linked In
    OR

    Fill the forms bellow 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
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
    Are you sure want to unlock this post?
    Unlock left : 0
    Are you sure want to cancel subscription?