Libya-Tunisia Common Market Discussed

The President of Libya's General National Congress, Mohamed Magarief (pictured), and the Tunisian Foreign Minister, Othman Jerandi, have reportedly discussed the possibility of the two countries creating a free trade zone.

According to Libya Herald, the talks also covered the issue of border security, and "joint experiences in building parliamentary institutions".

Libya announced last year that it would provide Tunisia with $200 million in aid, in addition to supplying crude oil and oil products.

In December, Canadian energy company Sonde has announced that it has reached an agreement with the Joint Oil Company, equally owned by Libya and Tunisia, to enter a second phase of exploration under the Exploration and Production Sharing Agreement in the Gulf of Gabes.

A recent study also found that about 70 percent of Tunisian workers who left Libya after the revolution want to come back to the country.

(Source: Libya Herald)

No comments yet.

Leave a Reply