Tripoli, Libya – The Libyan Chinese Joint Economic Chamber held a meeting with Minister of Economy and Trade, Mohamed Al-Hwej at the Ministry’s headquarters today. The purpose of the meeting was to review and follow up on the Chamber’s work plan.
During the discussion, Minister Al-Hwej emphasized the importance of activating the Joint Chamber and facilitating its operations through private sector involvement. He also highlighted the significance of strengthening economic cooperation between Libya and China.
To promote trade and investment communication, Minister Al-Hwej issued a directive to encourage cooperation committees between the two countries. He underscored the importance of creating partnership opportunities for private sectors in both countries, particularly in attracting Chinese investors to invest in Libya. This would help diversify income sources for the country.
The participants further discussed organizing a Libyan Chinese economic forum in Tripoli during the last quarter of 2024. The forum aims to enhance economic cooperation and collaboration between the two countries further. It is worth noting that Minister Al-Hwej had previously issued a resolution in 2024 (Resolution No. 253) regarding the establishment of the Libyan side of the Libyan Chinese Joint Economic Chamber, taking into account the size and characteristics of China’s economy.
Overall, Minister Al-Hwej expressed his commitment to promoting economic cooperation between Libya and China through joint efforts by both countries’ governments and private sectors.
