Libya, Morocco Improve Business Links

Moroccans are being invited to capitalise on business opportunities Libya, following discussions with a high-level Libyan delegation which just wrapped up several days of talks in Morocco.

Investor Allafi Khalifa Othman said:

"Moroccan businessmen need to take advantage of the investment opportunities in Libya, because we now have planned investment projects worth $200 billion still in the pipeline."

According to a report from Magharebia, the importance of instituting a shipping link between Casablanca and Tripoli to accelerate and encourage economic and commercial exchanges was an issue brought to the table by Casablanca Chamber of Commerce chief Hassan Barkani.

The business leaders also talked about eliminating visas for business people, the possible formation of a Moroccan-Libyan bank, and other ways to make it easier for Libyan products to reach the Moroccan market.

Officials also discussed what needs to be done in order for the joint Moroccan-Libyan Chamber of Commerce to get off the ground.

(Source: Magharebia)

One Response to Libya, Morocco Improve Business Links

  1. JOSEPH 23rd November 2012 at 9:49 am #

    It is quite a good move for Morocco and Libya to start a joint chamber of commerce.Such a move will promote business in many other African states.I support the idea.

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