On Sunday, the Tripoli and Cairo Chambers of Commerce signed a cooperation agreement to formalise the framework of their efforts to support and motivate the Libyan private sector. The signing took place in Cairo, in the presence of representatives from both chambers. This is a very important step for bilateral trade relations between Libya and Egypt, and it lays the groundwork for future cooperation between the two countries.
Cairo and Tripoli: A new page of cooperation
The agreement includes a provision for exchanging all data and information that would develop joint commercial and industrial relations. Additionally, the agreement will provide information on the needs of the Libyan and Egyptian markets, as well as investment opportunities available between the two countries. Finally, the formalisation aims to organize bilateral meetings between exporters and importers in order to establish bilateral partnerships. This is a positive step forward for trade relations between Libya and Egypt, and will hopefully lead to increased economic activity between the two countries.
The agreement will help to improve the business environment in the region, and it is a clear sign of the commitment of both chambers to supporting the private sector. It is also a recognition of the important role that the private sector plays in the economy. This is an important first step, and we look forward to seeing more progress in this area in the future.
Championing Synergistic Growth
The Euro-Libyan Trade Center (ELTC), is a non-partisan, non-profit trade promotion agency working in cooperation with the GUCC to strengthen economic relations between Europe and Libya.
ELTC strategically positions itself as an enabler of transcontinental economic activities, offering a structured platform for entities with vested regional commercial interests. We are dedicated to enhancing operational capacities, broadening market access, and heightening the competitive index of enterprises within the region.
For tailored organisational strategy consultation, kindly reach us at +44 207 193 5556 or submit an inquiry via the provided contact form.
At the forefront of our mandate to drive economic development, we are dedicated to fostering meaningful partnerships with regional stakeholders, businesses, and professionals across diverse industries, charting a course towards a brighter, shared future.
For inquiries, please complete the form below or reach out to us at +44 207 193 5556