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Home Business

Libya calls on UK to fully reopen its Tripoli embassy to issue visas and British companies to return

bySami Zaptia
October 18, 2022
Reading Time: 1 min read
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Libya calls on UK to fully reopen its Tripoli embassy to issue visas and British companies to return

Economy Minister Hwej meets British embassy and calls for improved trade and relations (Photo: Economy Ministry).

The Minister of Economy and Trade, Mr. Mohamed Al-Hwej, met at the Ministry’s office on Sunday with the Deputy Ambassador of the UK, Catherine Wild, and the Commercial Attaché, Simon Field, to discuss aspects of cooperation, strengthen economic and commercial relations, and the mechanism of networking between the private sector, and to provide the necessary facilities for companies and the movement of business owners in both countries.

Obstacles faced by Libyan businesses in UK
On the side-lines of the meeting, the Ministry reported that the Minister held a meeting that included the Chairman of the Libyan Business Council (LBC) and the Chairman of the Tripoli Chamber of Commerce in order to raise and discuss the problems and obstacles facing Libyan businesses in the Britain and ways to address them.

Call for British embassy to reopen fully in Tripoli
The Minister also called for the resumption of the work of the British Embassy from its headquarters in Tripoli, to receive citizens’ requests to obtain travel visas and to encourage British companies to resume their work in Libya.

He stressed the keenness of Libya to strengthen economic and trade relations and activate a long-term partnership between the two countries, and to work on preparing a memorandum of understanding between the two sides regarding free trade, enhancing the role of the private sector in supporting the trade and industry sectors and the implementation of joint projects aimed at developing the infrastructure in the health sector and increasing the volume of investments and trade exchange.

The meeting also discussed the possibility of organizing joint events and exhibitions that contribute to raising the volume of non-oil exports and the entry of Libyan products to British markets.

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CBL Governor urges executive authorities to take measures to close unlicensed foreign exchange bureaux, prohibit imports outside the banking system

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