Sunday, January 26, 2025
HomeAfricaEconomic Cooperation Between Tunisia and Libya: Focusing on Africa and Free Trade...

Economic Cooperation Between Tunisia and Libya: Focusing on Africa and Free Trade Zones

According to the Ministry of Commerce and Export Development, the meetings of the Tunisian-Libyan Joint Commercial Commission, held in Tripoli, Libya, on the 7th and 8th of the month, resulted in the signing of several cooperation agreements. These agreements cover strategic sectors such as free trade zones, consumer protection, and enhancing trade exchanges towards Africa.

The Tunisian-Libyan Joint Commercial Commission concluded its proceedings with the signing of significant agreements aimed at strengthening economic partnership between the two countries. These agreements focus on jointly orienting towards the markets of Sub-Saharan Africa, consumer protection, and the establishment of free trade zones.

- Advertisement -

Meeting Between the Commerce Ministers of Both Countries

In this collaborative effort, Abdelhamid Dbeibah, head of Libya’s Government of National Unity, received Samir Abid, Tunisia’s Minister of Commerce and Export Development. Abid highlighted the historical ties between Tunisia and Libya and praised the concrete outcomes of the Commission.

Modernization of the Ras Jedir Border Post: A Gateway to Africa

Among the topics discussed, the modernization of the Ras Jedir border post was set as a priority. This project aims to transform this strategic point into a true gateway to Sub-Saharan Africa and a central axis of the Tunisian-Libyan continental corridor.

Digitalization and Simplification of Customs Procedures

Both countries agreed to develop electronic applications to enhance logistics at the borders. They also decided to unify standards and implement a single customs window to facilitate bilateral commercial exchanges.

Opportunities for the Private Sector and Olive Oil in Focus

Moreover, discussions highlighted the crucial role of the private sector, represented by prominent figures from both countries. Numerous opportunities were identified, particularly in promising sectors like the export and marketing of olive oil.

Presence of Key Figures from Both Nations

The meeting saw the attendance of high-ranking Tunisian and Libyan officials, including Samir Majoul, President of the Tunisian Union of Industry, Commerce, and Handicrafts, and Mohamed Al-Hweij, Libya’s Minister of Economy and Commerce.

- Advertisement -
Advertisement

Recent