The Ministry of Economy and Trade announced yesterday that its General Authority for Exhibitions concluded a cooperation agreement with the Nobel Exhibitions Company which is owned by the Turkish government. The agreement entails for the organisation of joint exhibitions in the two countries and implement specialized training programmes.
The signing ceremony took place in Istanbul, Turkey, last Thursday in the presence of the Chairman of the General Authority for Exhibitions Issam Al -Awal, the Chairman of Nobel Company, Irhan Chilk, Libya’s Consul General Salahuddin Al -Kasheh, the Commercial Attaché at the Libyan Consulate in Istanbul, Omar Daroub, the head of the Libyan-Turkish Business Council, Murtaza Karnafil, and a group of businessmen and company managers in Turkey.
Speaking exclusively to Libya Herald, the General Authority for Exhibitions, Issam Al-Awal, said, “The minutes of the agreement include supporting cooperation in the fields of economy and investment between the private sectors in the two countries, and increasing the volume of trade, in addition to transferring the extended Turkish expertise in the field of organizing exhibitions to Libya.”
Transfer of technology to Libya
Al-Awal added that the agreement enjoys a comprehensive importance that will contribute to deepening cooperation between the two countries in the field of building and construction and other economic sectors, including the tourism and industrial sectors, through the transfer of technology that Turkey possesses to Libya by strengthening cooperation and partnership between businessmen in the two countries.
Trade exchange of US$ 4bn to be raised to US$ 15 bn
Pointing out that the volume of trade exchange between Turkey and Libya exceeded 4 billion dollars annually in recent years, noting the efforts of the two sides to raise the level of trade exchange to reach 15 billion dollars annually, by benefiting from the economic resources available in the two countries.
Six exhibitions this year – introducing African exhibitions to Africa
Al-Awal pointed out that 6 exhibitions will be organized in Libya by the Nobel Expo within a year as a primary goal. The second goal, he continued, is introducing Turkish products to the African market through Libya and introducing them to the countries of the continent that need Turkish products and commodities. Explaining that Africa will benefit from the Turkish exhibitions for the various disciplines that will be held in Libya, and Libya will also benefit from making it a destination for international economic exhibitions and activities that attract leading companies and businessmen from all over the world.
Turkey to invest in new Tripoli International Fairgrounds south of Tripoli
Al-Awal said that there is a joint initiative between the General Authority for Exhibitions and the Turkish side to invest in the new Tripoli International Fair (south of Tripoli, twenty kilometres from Tripoli International Airport in the Al-Saadiya region). This will involve cooperation in establishing various exhibition facilities and investing in them over several years by holding various international exhibitions in it during coming years.
