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Home Business

Libyan-Maltese Trade and Export Forum held in Malta from 24 to 26 May

More than 50 Libyan businessmen and 100 Maltese companies participating

bySami Zaptia
April 25, 2024
Reading Time: 2 mins read
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Libyan-Maltese Trade and Export Forum held in Malta from 24 to 26 May

More than 50 Libyan businessmen and 100 Maltese companies specialized in the field of food industries, building materials, health, insurance, banking and shipping participated in the Libyan-Maltese Trade and Export Forum held in Malta from 24 to 26 April.

Libya’s participation and delegation was headed by the Minister of Economy and Trade, Mohamed Hwej, and Minister of Marine Wealth, Adel Sultan.

Minister of Economy and Trade, Hwej, accompanied by the Maltese Minister of Foreign Affairs, European Affairs and Trade, Ian Borg, opened the activities of the event.

Finding solutions to problems facing business owners
During his speech, the Minister Hwej stressed the importance of investment, trade and export between the two countries for the purpose of achieving economic development and opening cooperation horizons in trade. In this context, the Minister called for work to increase the volume of trade exchange and find appropriate solutions to the problems facing business owners.

Libya is an important gateway to Africa
The forum aims to bring trade and investment opportunities to both countries, which contributes to enhancing economic development, creating new job opportunities, bilateral cooperation in multiple fields, deepening economic relations, and increasing Libya’s exports of products to enhance revenues and diversify sources of national income. The forum also seeks to open new horizons for Maltese products to reach African markets. Libya is considered an important gateway to Africa.

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Over 20 companies participated in accompanying exhibition
The accompanying exhibition was also opened on the sidelines of the forum with the participation of Libyan and Maltese companies. More than 20 companies specialized in the field of agricultural and marine production, food industries, shipping, insurance and banking participated in this exhibition.

 

Libyan-Maltese Forum for Trade and Export to be held in Malta from 24-26 April (libyaherald.com)

 

 

Tags: Malta Maltese

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Libya’s total public debt valued at LD 270 billion, LIA’s assets valued at US$ 72.83 billion: Audit Bureau’s 2024 Annual Report

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