The Tripoli Chamber of Commerce today signed a Memorandum of Understanding with the British Libyan Business Association (BLBA), the BLBA’s chairman Jon Hancock told Libya Herald.
Hancock described it as a significant event highlighting the continuing improvement of commercial relationships between Libya and the United Kingdom. He said it allows both organisations to focus on the development of mutually beneficial relationships for its members and the pursuit of projects to the benefit of Libya and the United Kingdom.
Hancock said 2023 will see the development of multiple projects, missions and delegations (both to and from Libya) that focuses on sector specific areas so that that the achievement of objectives and projects can be realised.
The BLBA chairman said both organisations are also committed to capacity building and the transfer of knowledge and skills.
Additional topics of discussion between the two parties included the development of trade routes to the UK covering fisheries and agriculture.
The BLBA was launched on 9 November by British Ambassador Caroline Hurndall at a British business event at the Corinthia hotel, Tripoli
Commenting on its launch at the time, Hancock told Libya Herald the new trade group will be the first UK trade organisation that is based in Libya since 2014. It will have a permanent base in Libya with a UK/Libyan management committee. Its permanent presence here will make it relevant and agile for the benefit of British and Libyan interests and owners, he had added.
Launch of the British Libyan Business Association (BLBA) in Libya (libyaherald.com)