Turkish businesspeople optimistic about Libya's future

Turkey's exports to Libya came to a full halt after uprisings in Libya that were part of the "Arab Spring".

Turkish businesspeople optimistic about Libya's future

Turkish businesspeople are optimistic about the future of Libya as opposition forces have established superiority over the forces of Muammar Gaddafi.

Turkey's exports to Libya came to a full halt after uprisings in Libya that were part of the "Arab Spring".

Speaking to the AA, the Chairman of the Association of Turkish-Arab Countries Businessmen (TURAB), Dogan Narin, said that all trade in Libya came to a halt for the past six months.

They had problems associated with security. Things may now change in Libya. The new term is crucial. Iraq went through a similar phase and they were divided. There is still no stability in Iraq. We do not want to witness a similar scenario in Libya, Narin stressed.

Turkey's policy on Libya was right. Turkey took serious decisions to solve the Libya problem and took an important role, Narin said.

Libya's rich natural resources, including oil, will help them get on their feet again. Libya's trade with Turkey will return to normal, Narin also said.

In 2010, Turkish-Libyan trade volume was recorded as 2.5 billion USD. Libya is the third biggest market for Turkish contractors following Russia and the Turkish Republics.

Reuters

Last Mod: 31 Ağustos 2011, 12:33
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