Libya and Tunisia seek serious, practical steps to activate increased economic activity between private sectors

By Sami Zaptia.

(Crossed Flags Pin).

London, 23 September 2021:

Libya and Tunisia seek to commit to the principle of seriousness, and the need to take the necessary practical measures to activate the work between the private sectors of the two countries, and to overcome all obstacles in this framework.

The commitment comes on the back of the support and consolidation of bilateral relations between the two states and following a meeting by the head of Libya’s Privatization and Investment Board (PIB) at its Tripoli headquarters with Tunisian Ambassador and his delegation on yesterday.

In the meeting, the two parties also expressed the desire for a real partnership between them, including:

  • Activating the border free zone
  • Working to establish a free trade zone on the southern borders of Libya, shared between the private sectors of the two countries
  • Opening common international markets
  • Working on preparing a plan for partnerships between distinguished Libyan and Tunisian companies
  • Sponsorship and support of the export development centres in the two countries
  • Forming a technical team to prepare a practical implementation plan for activating the private sectors
  • Preparing for holding investment meetings in several fields between the investors of the two countries

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