Libya’s Ministry of Industry and Minerals and the Italian Ministry of Companies and Industry signed a ‘‘Joint Statement’’ on the desire of the two parties to enhance cooperation between the two countries.
The most important items of the Joint Statement were:
- Enhancing cooperation between the two countries in the fields of using renewable energies and green hydrogen
- Facilitating all procedures for direct investments and joint initiatives between Libyan and Italian companies
- Exchanging experiences in the field of research and applied innovation for the manufacturing industry and training on new skills
During the signing ceremony of the statement, on the sidelines of the Libya International Conference on Industry and Technology in Tripoli (20-21 May), Minister of Industry and Minerals Ahmed Abuhisa said that the ministry will seek to put the recommendations into practice, explaining that the terms of the friendship and partnership agreement concluded with Italy in 2008 entered into force.
For his part, the Italian Minister of Companies and Industry, during his speech at the conference, stressed the depth of the strategic partnership with Libya, especially in the fields of energy, oil and gas, and readiness for joint work and support for strategic projects for energy production in Libya, to meet local needs and export abroad.