The Libyan Minister of Economy and Trade, Mohammed Al-Huweij, has discussed in a meeting on the sidelines of the Turkey-Africa Business and Economic Forum with the Turkish counterpart, Ömer Bolat, strengthening economic and trade relations between the two countries.
The two Ministers also reviewed the challenges facing Libyan businesspeople in Turkey and finding suitable solutions, as the Turkish side reiterated agreement on removing customs tariffs on Libyan commodities by signing a deal on freeing trade and preventing double taxes.
Bolat also said he would talk to the Governor of the Central Bank of Turkey to exempt Libyan companies from paying taxes and to accept cash payment instead of suspended bank transfers from Libyan banks.
He also called for the need for accelerating the necessary arrangements to resume the agreements signed between the two countries in all areas of joint interest, and for the Libyan-Turkish Joint Committee to hold its meetings to push economic and trade relations toward new horizons.
Al-Huweij urged Turkish companies to resume their work in Libya, calling on the Turkish businesspeople to invest in the Libyan market in all fields and benefit from the opportunities provided by the Libyan economy, free zones and the energy sector, in addition to considering Libya as a gateway to the African continent.
