The Acting President of the Benghazi Chamber of Commerce, Industry and Agriculture, Abdel Mineim Al-Saiti, confirmed the Libya Herald that he had signed a memorandum of understanding with the President of the American Chamber of Commerce in Tunisia – Bizerte Branch, Ali Balakhwah, under the auspices of the Minister of Foreign Affairs, Abdel Hadi Al-Hawij, in the Libyan government appointed by Parliament in eastern Libya.
The MoU includes holding joint meetings to increase commercial cooperation and providing support to investors from both sides by providing data on available investments in the city of Benghazi and facilitating communication between economic and governmental institutions in Libya and the United States of America. it also entails working on exchanging visits for trade delegations and expertise and organizing meetings for companies and businessmen from both sides.
Al-Saiti stressed the availability of a good climate for investment in the city of Benghazi, with real opportunities to enter the building and construction market and constructions within the construction projects in the city that are running well. He also highlighted opportunities in cooperation in the field of electric energy, noting that the terms of the memorandum include the exchange of information about commercial activities and the establishment of exhibitions and work on transfer of technology and industries that enhance the support of the Libyan economy. The MoU also included the establishment of an annual economic forum for investors, companies and businessmen to exchange experiences between the two parties, especially in the field of training, capacity building and localization of projects in various fields.