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By Libya Herald Staff,
Tunis, 29 August 2015:
The Council for Joint Libyan-Tunisian Affairs has called on the Tunisian government to organise an . . .[restrict]investment conference later this year for Libyan and Tunisian businesses. They want to it be in the south of the country, preferably Sfax.
The call came at a meeting in Tunis on Thursday between the council and Tunisian Minister of Development, Investment and International Cooperation Yassine Brahim.
Council members, notably Fouad Al-Awam, its Libyan vice president, said that bilateral business needed more support from the Tunisian government if there were to be greater investment in economic cooperation between the two countries.
They pointed to potential opportunities in tourism, the food industry and healthcare and well as the construction materials industry – and particularly in southern Tunisia.
For his part, Brahim said that the new five-year plan due to be unveiled in November would focus strongly on the development of investment and partnership between Libya, Algeria and Tunisia. There would be moves to “strengthen economic ties and open up more development opportunities in the three countries, “he explained.
A fortnight ago, Tunisian Trade Minister Ridha Lahouel confirmed that a free-trade zone would be created in the area of Shousha on the Tunisian-Libyan border. Another is to be created on the Algerian border. [/restrict]
