The Libyan Export Development Centre (LEPC) is to become the Libyan Export Promotion Authority and come under the direct authority of the Prime Minister’ Office, it was announced last Tuesday (24 June). The LEPC was previously part of the Ministry of Economy and Trade.
The new head of the LEPC, Mohamed Al-Hangari, explained that the move came based on a proposal submitted by him to the Prime Minister.
Explaining the decision, he said the proposal came because of the new policies and strategies adopted by the LEPC (under his leadership) in supporting exports and their access to global markets and upgrading the work it provides to promote exports and move away from the previous traditional methods.
He said these new policies require administrative independence and speed in completing tasks, especially since the development of local exports has become concerned with all ministries such as agriculture, industry, marine wealth, economy and natural resources.
For these reasons, he continued, it has become necessary to transfer the LEPC’s subordination to the one ultimate head of these ministries, which is the head of the government.