MET

The Minister of Economy and Trade, Mohammed Al-Huweij, discussed with the Deputy Ambassador of the United Kingdom to Libya, Katherine Wild, the mechanism for the return of British companies and the resumption of contracted investment projects in various regions of the country.

During the meeting, which was attended by the Director of the Foreign Trade Department and Head of the International Cooperation Department at the Ministry, Al-Huweij reviewed the results of the British delegation's recent visit to Benghazi, and the ongoing arrangements for organizing the delegation's visit to the capital, Tripoli, in the coming period.

Al-Huweij stressed the importance of holding a meeting of the Libyan-British follow-up committee with the aim of developing bilateral relations and cooperation in the fields of trade and investment, in addition to strengthening the role of the Libyan-British Business Owners Council to organize economic and trade activities and establish a partnership between the two countries' private sectors.

Wilde expressed the United Kingdom's desire to enhance cooperation with Libya in the fields of trade, investment, transportation, free zones and renewable energies.

Wilde stressed the keenness of British companies to resume their activities in Libya and to contribute to the reconstruction and participation of the local private sector in the implementation of investment projects.

The two sides also agreed to enhance communication between the competent departments of the ministry and the commercial attache of the British Embassy in Libya and to organize bilateral meetings that include economic and commercial actors in both countries.

According to the Ministry of Economy and Trade, these meetings came within the framework of efforts to strengthen bilateral relations with friendly countries and partners, attract foreign investments to the country, and achieve economic and social development.