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Ankara intends to raise its exports to Libya in 2020

The Independent Industrialists and Businessmen Assosiation (MUSIAD) announced Ankara’s intention to raise its exports to Libya by more than 571 percent, to $10 billion, compared to about $1.49 billion in 2018.

The association’s representative in Tripoli Murtada Koronfol expected that the value of the Turkish exports to Libya would rise by 50 percent to reach $3 billion in 2020.

In a statement to Anadolu Agency, Koronfol claimed that “Maritime Safety Agreement” will contribute to the strengthening of trade and economic relations between the two countries during the next phase, thanks to a positive reflection of the power of their political relations in the economic sphere”

The same source stated that Turkey’s exports to Libya included clothing and furniture, foodstuffs, car spare parts, construction supplies and other sectors.

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