Libya Business Council makes a series of recommendations
By Sami Zaptia.
London, 26 February 2019:
Libya’s Business Council (LBC), the country’s only legally recognized business council, approved a series of recommendations during its meeting in Tripoli on Sunday.
These included a number of actions related to the development of working mechanisms in accordance with the LBC’s approved strategy.
The meeting made the following nine recommendations:
First: The formation of Committees to study the opening of LBC representative offices in Libyan cities.
Second: Strengthening communication with the Maghreb Federation of Employers and naming an LBC representative to it.
Third: Cooperation with the Libyan Ministry of Labour and its Financial Facilities Fund on support of SMEs and youth projects.
Fourth: To recommend to the Ministry of Economy the need to activate the Competition Council and to enforce the law protecting exclusive commercial distributorship /agency agreements and to establish a transparent mechanism to deal with tenders.
Fifth: To set up a mechanism for the implementation of a number of training courses for businessmen and entrepreneurs.
Sixth. To reactivate the LBC’s subcommittees and strengthen their role within the sectors represented in each committee.
Seventh: The LBC to hold an ad hoc meeting on the mechanism of work of these committees and the selection of their chairs.
Eighth: Agreement on the participation of the LBC in the Tripoli International Fair at its next April session.
Ninth: Agreed on the support and development of the services section of the LBC in preparation to launching a range of miscellaneous services for the benefit of its members.