Lebanon, Libya to discuss boosting ties at IDAL forum

Lebanon and Libya will discuss the promotion of economic ties and investments during a forum to be held in Tripoli, Libya, Nov. 18, Economy Minister Nicolas Nahas said in a news conference Monday.

“Lebanon and Libya are destined for economic integration. Libya’s geographic location can facilitate the tapping of African markets, where Lebanese merchants play a very active role,” Nahas said.

The Forum is being organized by the Investment Development Authority of Lebanon (IDAL), the Privatization and Investment Board of Libya, and Lebanon-based business events group Al-Iktissad Wal-Aamal.

CEO of Al-Iktissad Wal-Aamal Raouf Abou Zaki said the Libyan market is booming with investment and job opportunities, adding that Lebanese companies could benefit Libya with vast experience in the industry, banking, technology and construction sectors. He said Lebanon could serve as a hub for tourism, health care, training and education.

(Source: The Daily Star)

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