Turkey, Libya boost economic ties, hail free-visa travel

Turkish State Minister for foreign trade met with Libyan ministers for economy, agriculture in the Turkish capital, Ankara.

Turkey, Libya boost economic ties, hail free-visa travel

Turkish State Minister for foreign trade Zafer Caglayan met Saturday with Libyan Secretary of the General People's Committee for Economy, Trade & Investment Muhammad Ali al-Huwayz and Secretary for Agriculture, Maritime & Animal Resources Abu Bakr Mabruk al-Mansuri in the Turkish capital, Ankara.

Speaking at the meeting, Caglayan said Turkish and Libyan citizens would no longer needed visas to travel to each other's countries as of December 25, adding that the removal of visa requirements would also boost trade between the two countries.

Caglayan said Turkey and Libya would soon sign a deal on the prevention of double taxation and resume ferry link between Izmir and Tripoli.

The Turkish minister said his country was ready to export water to Libya.

The Libyan economy minister said on his part that his government exerted great effort for joint investments in trade, industry and energy, adding that his country needed investments in oil refining, construction materials, cement production and food.

"I am inviting Turkish investors to Libya. We need to take advantage of opportunities and establish a true partnership," al-Huwayz said.

Al-Mansuri said the two countries could also make joint investments in organic agriculture and food industry.

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Last Mod: 19 Aralık 2009, 17:37
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