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The Libyan Foreign Bank held high-level talks in Rome with the senior management of SIMEST, the Italian firm dedicated to fostering international growth for Italian businesses.

The meeting, chaired by Mohamed Al-Dharrat, head of the Libyan Foreign Bank, focused on advancing the partnership established through an agreement signed during October’s Italian-Libyan Business Forum in Tripoli. 

The accord is designed to lay the groundwork for bolstering trade relations between the two nations, according to a report by Italy’s Nova news agency.

Key objectives of the agreement include fostering bilateral investment growth, enhancing competitiveness through technology transfer, and broadening SIMEST’s operational scope to include Libya.

Economy