The Minister of Economy and Trade of the Government of National Unity, Mohammed Al-Huweij, expressed the ministry’s readiness to provide possible facilitations to Serbian companies and investors to enter the Libyan market.

Al-Huweij met on Tuesday with Serbian Minister of Foreign and Interior Trade Tomislav Momirović on the sidelines of the 13th Ministerial Conference of the World Trade Organization in the United Arab Emirates in Abu Dhabi, according to a statement issued by the ministry.

Al-Huweij directed the Department of Foreign Trade and International Cooperation in the Ministry to supervise the organization of a joint economic forum in the capital, Tripoli, that includes the private sector, in cooperation with the Ministries of Economy in both countries, aiming to present and exchange expertise and experiences and present investment opportunities. He also invited Serbian companies to participate in the Tripoli Exhibition that is scheduled to be held next May.

The meeting with the Serbian minister discussed opening direct communication channels between the institutions affiliated with the ministry, the chambers of commerce, and the joint chambers, and organizing official visits and bilateral meetings that include business owners, with the aim of creating real partnership opportunities between the private sectors in both countries.

The Libyan Minister stressed the importance of strengthening the role of the private sector to build long-term partnerships in the field of trade and investment to increase the volume of trade exchange between the two countries, while the Serbian minister pointed to the beginning of a new phase of economic and trade cooperation toward a long-term economic partnership.