By Sami Zaptia.
London, 23 April 2021:
The Minister of Economy and Trade, Mohamed Hwej, held a meeting with the Chairman of the Libya Trade Network Project (LTNET), Emhemed -Darwish and other relevant heads on Wednesday to discuss the LTNET project work plan and obstacles facing the completion of the project.
It will be recalled that LTNET was launched in 2013 and is an e-commerce portal or electronic “Unified Window” that the Ministry of Economy is setting up and implementing with help from the South Korean government in an effort to streamline the process of importing and exporting goods.
It aims to organize and develop the external trade sector in Libya by raising the efficiency and standards of procedures and processes at all the parties that are concerned with external trade.
The unified system hopes to ease the process of trade, documentation and banking, improve the quality of processes, exploiting Libya’s ports capacity, improve trade regionally and internationally and improve e-commerce.
Customs, customs clearers, ports, banks and chambers of commerce would all be part of the LTNET system, helping bring Libya closer to paperless commerce and trade procedures and processes.
During Wednesday’s meeting, the LTNET work plan project for 2021-2023 problems and difficulties facing the project management in completing the implementation phase and ways to overcome them were reviewed.
The Minister emphasized during the meeting that the ministry is working to activate its role in its affiliated bodies, and that it will take all measures and procedures to support the management of the LTNET project so that it can carry out its tasks and implement the project.
LTNET: Libya Trade Network for better foreign trade transactions | (libyaherald.com)
Tripoli introduces electronic import regulation system | (libyaherald.com)
