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Home Business

More than 160 companies and organizations participating in Tripoli Agricultural exhibition

Ukraine war further highlights need for Libya’s food security

bySami Zaptia
March 29, 2022
Reading Time: 2 mins read
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More than 160 companies and organizations participating in Tripoli Agricultural exhibition

The 8th Libya International Exhibition for Agriculture, Agriculture, Livestock and Fisheries opened yesterday at the Tripoli International Fairgrounds and will run from 28 to 31 March (Photo: Sami Zaptia).

More than 160 companies and organisations are participating in the 8th Libya International Exhibition for Agriculture, Agriculture, Livestock and Fisheries being held at the Tripoli International Fairgrounds from 28 to 31 March.

The event was inaugurated by both Mohamed Hwej, the Minister of Economy and Trade, and Deputy Prime Minister and Acting Agricultural Minister Hussein Gatrani, representing the Caretaker incumbent Tripoli government of Abd Alhamid Aldabaiba.

Food security
Speaking at the opening ceremony, the Minister of Economy and Trade Hwej, noted how the Ukraine war had brought home the need for food security ‘‘Food security is Libya’s security’’, he stated.

Libya’s agricultural priorities
He said Libya had agricultural priorities such as olive oil, dates, fish and grains. He bemoaned the fact that Libya used to produce a useful volume of grain in the south and how this has now (since the 2011 revolution) been neglected.

Libya’s fish stock exploited by foreign fishers
Hwej admitted the open secret that many foreign fishermen have been exploiting Libya’s fish stocks in its territorial waters, especially Tuna, unchallenged by the Libyan state. ‘‘Our Tuna is being stolen’’, he said emphatically.

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Food industry needs more support
Going forward he admitted that the state and government need to offer more support to the domestic food industry. The priority needs to be exportable foods.

Need to create a supporting cluster
But Minister Hwej understood that the agricultural and food production sector cannot be supported in isolation. He said there are other supporting and complimentary sectors that need to be supported and activated to help this sector.

At the top of this is Libya’s banking sector. The agriculture and food sector need finance to expand and need local banks to offer finance for this to happen, he explained.

Libya needs to diversify its economy away from dominant hydrocarbons
Minister Hwej repeated the oft quoted mantra by most of his predecessors that Libya needs to diversify its economy away from the dominant hydrocarbons. He bemoaned the fact that Libya only exports its hydrocarbons in crude form – without any added value.

Need for renewable energies
Finally, the Minister said Libya needs to exploit its geographic location and establish a renewable energy sector as part of its wider diversification plan.

 

Libya imposes total ban on fish exports and orders creation of three-month strategic food stock – LibyaHerald

Government attempts at price fixing are distorting prices and causing price rises: Husni Bey

Rising Libyan food prices on the eve of Ramadan: caused by Ukraine war and other external factors or simple profiteering? – LibyaHerald

 

Tags: agriculturedeputy prime minister Hussien Gatranidiversificationeconomy minister Mohamed Hwej GNUfish exportsfood securityrenewable energy

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