Turkey must develop a Libya-focused African initiative and Libya is the new centre of attraction for global competition, Murtaza Karanfil, chairperson of the Foreign Economic Relations Board’s (DEIK) Turkey-Libya Business Council and president of the Istanbul-based Independent Industrialists’ and Businessmen’s Association (MUSIAD), said in a statement widely reported by Turkish media.
The whole world will turn to Africa for the next 100 years and must design and develop our foreign trade reforms in a way that appeals to Africa in order not to fall behind in the race for policies to expand the dominance brought by the global order, he said.
For this reason, in addition to the Exclusive Economic Zone Agreement signed between Libya and Turkey and the Security and Military Cooperation Memorandum of Understanding, a new agreement must be signed. Because we fully believe that Turkey, which has a trade volume of $28 billion with 54 countries on the African continent, will be able to move its trade with Africa to the next level thanks to the new agreements to be made with Libya, he explained.
The stability and security of Libya, which is in a key position for the security of Africa, is one of the most important issues that should not be ignored in today’s world, where the balance of power is quite volatile, he added.
Turkish independent business association, MUSIAD, opens Tripoli branch (libyaherald.com)
Turkish exports to Libya reach US$ 1.2 bn – up by 72.3 percent to June (libyaherald.com)
Turkey’s exports to Libya up 67 percent this year – could triple by year end | (libyaherald.com)
Turkish parliament passes bill to send troops to Libya (libyaherald.com)
Turkish contractors: an overview of negotiations on their return to Libya (libyaherald.com)
Libya reviews healthcare debts to Turkey (libyaherald.com)
Libya and Turkey set up committee to oversee return of Turkish companies (libyaherald.com)
Libya-Turkey $20 billion payments deal seems nearer (libyaherald.com)
