Organized by the Libyan Embassy in Belgium and hosted by the Arab-Belgian Chamber, the Libyan-Belgian Economic Forum was held in the Belgian capital, Brussels yesterday.
The multi-sectorial Libyan economic delegation was headed by the head of the Libyan General Union of Chambers of Commerce, Industry and Agriculture, Mohamed Al-Raied, and in the presence of the Libyan Ambassador to Belgium, Amal Al-Jarari, the head of the Libyan Delegation to the European Union, Jalal Al-Ashi, in addition to the presence of the Belgian Ambassador to Libya, Christophe de Bassompierre, and the Secretary General of the Arab-Belgium-Luxembourg Chamber, Caesar Al-Hijazi and a number of ambassadors of Arab countries in Belgium and Belgian business people.
Building new economic relations
Commenting about the forum and its importance to the Libyan economy, the head of the Libyan General Union of Chambers of Commerce, Mohamed Al-Raied, said these successive visits to several European countries come in order to build new economic relations based on the exchange of benefits and the transfer of advanced technology from these countries to Libya. This opens the way for the establishment of several different industries. It makes Libya a centre for regional and continental trade and a point of contact for European trade with the countries of the African continent.
Belgium an ideal partner for Libya
Al-Raied referred to the strength of the Belgian economy and its enjoyment of several advantages that make it an ideal partner for Libya in several economic fields. This allows for raising the level of mutual trade transactions between the two countries by opening the market for Belgian companies that enjoy a good reputation, whether in the fields of manufacturing, trade, construction, construction, and construction, as well as in banking, financial and investment fields.
Call on Belgian businesses to visit Libya to explore potentials
With regards to the possibility of establishing Belgian investments inside Libya, Al-Raied called on Belgian businessmen to visit Libya to see the various economic potentials and resources that enable it to establish real investments in many fields, the most important of which are infrastructure, energy, renewable energy and water desalination.