Turkish businesspeople have expressed their interest in investing in Libya due to its geographical location that is close to Europe, and because it's a gateway to the African continent.
These remarks came during their meeting with the Minister of Economy and Trade in the, Mohammed Al-Huweij, on Wednesday in Istanbul, where the attendees discussed ways to enhance trade relations and investment opportunities available in various fields in Libya.
Meanwhile, Al-Huweij noted the relations between the two countries and the importance of creating a true partnership that establishes a new phase in economic relations based on trade liberalization and the localization of industries within Libya.
He also reviewed the legislative environment regarding the entry of foreign capital and the legal bodies available under the commercial and investment law as well as the laws regulating free and private zones and transit trade.
The attendees agreed to form a small working group from both sides that would aim to develop an economic and commercial vision to achieve spatial development, create job opportunities, and benefit from the Turkish experience in the fields of industry, and small and medium enterprises.
