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Libyan economic delegation visits Japan to enhance cooperation in energy, trade, and infrastructure
via Libya Herald1 min read
A high-level Libyan economic delegation, led by Minister of Oil and Gas Khalifa Abdel-Sadig and including Minister of Economy and Trade Suhail Abu Shiha, visited Japan from July 7 to 10. The visit aimed to strengthen bilateral relations and expand economic and investment cooperation between Libya and Japan. The delegation met with senior Japanese government officials, including the Minister of Economic and Financial Policy and Administrative Reform, and representatives from the Ministry of Economy, Trade and Industry, the Japan Bank for International Cooperation, the Sasakawa Peace Foundation, the Japan Export and Investment Insurance Corporation, and the Japan External Trade Organization JETRO. Discussions focused on enhancing economic and investment cooperation and exploring partnership opportunities in energy, trade, infrastructure, and development. The delegation also participated in the second Libyan-Japanese Economic Forum, which served to promote economic dialogue and showcase investment opportunities in Libya. Additionally, meetings were held with Japanese companies and economic institutions to review Libya's investment climate and discuss strategic partnerships.
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This summary was AI-generated from a story originally published by Libya Herald.
The National Development Agency NDA, controlled by the Hafter family, announced on July 5 that the Sebha Flour, Pasta, and Feed Complex maintenance, development, and operation project is making significant progress. Rehabilitation and development work on storage silos, flour and feed mills, electrical and mechanical systems, production lines, and infrastructure are largely complete. The project also included installing an integrated camera system, rehabilitating generators and well pumps, and developing external facilities to restore the complex to full operational readiness. The NDA stated this project is crucial for food security and development in the southern region, providing modern production infrastructure for citizens and aligning with the NDA’s Libya Vision 2030 goals.
Major General Mohammed Al-Marhani, Head of Libya’s Tripoli-based Border Guard Agency, attended a high-level meeting in Brussels on July 2 with representatives from the European Union, the United Nations Mission, and international organizations focused on migration. The meeting served as a platform to discuss strategies for addressing illegal immigration, enhancing international cooperation against migrant smuggling and human trafficking, and supporting Libya's border security efforts. Voluntary return programs for migrants were also discussed. Al-Marhani detailed the agency's work in securing land borders, highlighting achievements in strengthening border security and reducing smuggling and transnational organized crime, attributing these successes to the Interior Minister's support. He affirmed the Border Guard's commitment to its duties through a comprehensive security strategy involving border control, coordination with other agencies, and international partnerships to combat illegal immigration and organized crime. The Libyan delegation emphasized Libya's role as the first line of defense against illegal immigration to Europe, stressing that strengthening security institutions like the Border Guard and the Anti-Illegal Immigration Agency is crucial for border protection, combating transnational organized crime, and fostering international partnerships for regional and international security and stability.
The Misrata Free Zone MFZ signed two Memoranda of Understanding MoUs in Rome with the Italian Confederation of Industries for Africa and the Mediterranean CIME and the Libyan-Italian Joint Chamber of Commerce. These agreements aim to expand MFZ's international partnership network and strengthen economic and investment cooperation between Libya and Italy. The MoUs establish an institutional framework for collaboration in investment, trade, logistics, ports, and industry, seeking to attract Italian investments to MFZ, encourage joint projects, and facilitate the exchange of economic and investment expertise. The agreements also include organizing economic forums, business meetings, trade and investment delegations, and workshops to foster strategic partnerships between Libyan and Italian business communities. This initiative leverages the Free Zone's strategic location as a gateway to African markets, following a marketing tour organized by MFZ in Rome on July 9.