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Sebha Chamber of Commerce signs cooperation agreement with Agadez counterpart in Niger
via Libya Herald1 min read
The Sebha Chamber of Commerce announced on Monday, July 6, that it signed a cooperation agreement with the Regional Consular Department of the Agadez Chamber of Commerce and Industry in Niger. This agreement aims to foster economic and trade cooperation between the two countries, reflecting a strategic vision to integrate with African markets. The Chamber stated that this initiative transforms the region's geography into an economic opportunity, positioning the southern Fezzan region as a hub for future investments. It establishes an economic corridor linking Libya to its African depth, strengthening southern Libya's role as a logistical and commercial center capable of attracting investments and revitalizing trans-Saharan trade. The cooperation is expected to strengthen the Fezzan-Agadez trade corridor, facilitating goods movement, reducing transportation costs, and improving supply chain efficiency. It also aims to expand joint investment opportunities across sectors like agriculture, industry, logistics, energy, tourism, and trade, and to build a shared economic information system for investors. This agreement coincides with preparations for the Fezzan Economic Forum, scheduled for November 24-26 in Sebha, which seeks to translate agreements into tangible investment projects and unite investors, the private sector, financial institutions, and decision-makers.
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This summary was AI-generated from a story originally published by Libya Herald.
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