Talks between Libya and South Korea to enhance cooperation

by times news cr

2024-07-22 06:01:15

Minister of Economy and Trade Mohammed Al-Huwaij discussed with the Ambassador of the Republic of South Korea ways of economic and investment cooperation

The two sides discussed raising the level of trade and investment exchange between the two countries, and opening up prospects for developing bilateral relations in all fields between the two countries.

For his part, the Minister stressed the importance of activating the agreements and memoranda of understanding concluded between the two countries, enhancing the role of the private sector, facilitating the movement of business owners between the two sides, activating the investment partnership and working to resolve the obstacles facing them.

The meeting discussed the possibility of cooperation in the field of training to develop the performance of economic institutions in Libya, especially corporate governance, e-commerce, and management of economic zones and free zones, according to the ministry.

The meeting discussed developing a mechanism to organize a Libyan-Korean economic forum in the capital, Tripoli, in November 2024, with the active participation of major Korean companies, investors, and business owners in both countries, under the supervision of the Ministry of Economy and Trade.

In turn, the ambassador stressed his country’s desire to cooperate with Libya and provide technical and advisory support in the fields of economy, trade, investment and development.


2024-07-22 06:01:15

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