malta

Libya's Minister of Economy and Trade Mohammed Al-Huweij conducted a field visit to the Malta Free Port and the industrial zone in Malta, accompanied by the Minister of Marine Wealth, Adel Sultan, and the Maltese Minister of Economy. The visit included discussions about developing the services of some Libyan ports.

The Ministry of Economy and Trade said in a statement that the free port is considered a major center for maritime shipping and storage in the Mediterranean, explaining that the Minister's visit comes within the framework of developing bilateral relations with Malta to raise the volume of trade exchange and joint cooperation as well as to encourage economic development.

The two sides also discussed the need to develop services that include a number of Libyan ports: Misrata, Al-Khoms and Benghazi; to cope with commercial business, facilitate shipping movement, and open a direct sea line, in light of Libya’s strategic geographic location that makes it the gateway to Africa.

On Friday, during his meeting with the Maltese Ministers of Foreign Affairs, European Affairs, Trade and Economy, Al-Huweij sent an official invitation to Maltese companies to participate in the Tripoli International Fair in its 50th edition, scheduled to be held in May.

The meeting discussed aspects of cooperation, reviewing signed agreements and memoranda of understanding, forming joint cooperation committees between Libya and Malta, and reviving the Libyan-Maltese Higher Committee, which has been suspended since 2013.

Al-Huweij stressed the need to solve the problems and obstacles facing Maltese companies to return to work in Libya, inviting the two Maltese ministers to visit Libya. He pointed out the necessity of developing relations between banking institutions and insurance companies, facilitating the movement of shipping, and opening a direct sea line between the two countries.