The Tripoli primarily based Libyan Minister of Economic system and Commerce, Mohamed Al-Hwej, met with the Minister of Economic system of Oman, Saeed Al-Saqri, in Tripoli yesterday.
The assembly was held on the sidelines of the conferences of the Board of Trustees of the Arab Planning Institute being held in Tripoli and comes inside the framework of strengthening and creating relations between the 2 international locations.
The assembly was held with the participation of Mr. Mohamed Al-Zidani, Performing Minister of Planning and Abdullah Fahd Al-Shami, Director Basic of the Arab Planning Institute, the place many matters of widespread curiosity have been mentioned reflecting the will of the events to strengthen financial cooperation.
Activating the signed financial and industrial settlement
It was agreed to activate the financial and industrial settlement signed between the 2 international locations in October 2009 in Tripoli, which goals to facilitate the alternate of products, providers and funding between two international locations and scale back and exempt some agricultural and industrial merchandise from customs duties.
Activating the Libyan-Omani Joint Committee
Activating the Libyan-Omani Joint Committee to observe up on the implementation of the phrases of the settlement and develop cooperation within the fields of oil and gasoline, transportation, well being and tourism, was additionally agreed.
It was additionally agreed to activate the Libyan Omani Joint Funding Firm, which was established beneath this settlement and is contributed to equally between the Libyan aspect (private and non-private sector) and the Omani aspect and is predicated in Tripoli.
• There was additionally settlement on the formation of a joint technical committee to observe up and coordinate on mutual visits between delegations in preparation for holding conferences of the Libyan-Omani Joint Larger Committee.
• Alternate of experiences within the fields of improvement and reconstruction between the 2 international locations was additionally agreed.
Libyan-Omani Financial Discussion board earlier than finish of 2025
It was agreed to organise the actions of a Libyan Omani financial discussion board earlier than the top of this yr, and on the sidelines of this discussion board, the institution of the Libyan Omani Enterprise Council might be introduced.
Omani corporations invited to take part in Libyan tasks
Inside the framework of the curiosity of the Tripoli authorities in cooperation with the Arab international locations, Omani corporations have been invited to take part and contribute to improvement tasks and reconstruction within the State of Libya, in addition to facilitating the procedures for his or her registration within the Ministry of Economic system and the Ministry of Planning.
