The Minister of Economy and Trade in the Government of National Unity, Mohamed Al-Huwaij, discussed with the Deputy Director-General of the World Trade Organization, Zhang Xiangchen, during their meeting yesterday, Thursday, in the UAE capital Abu Dhabi, ways to capitalize on the opportunities provided by the organization to develop economic and trade policies in Libya.
Al-Huwaij clarified that the Ministry of Economy and Trade is still working on developing trade policies in line with the current events in international trade systems, noting that the ministry has implemented many economic and trade reforms and worked on updating the Libyan investment law, free zones, transit trade, and economic diversification strategy.
The Minister of Economy and Trade in the Government of National Unity emphasized the importance of employing Libya’s resources and harnessing its unique geographical location on the Mediterranean Sea, which makes it one of the international trade routes between African and European markets.
