Libya Herald reports that the FDI conference due to take place in London on 29-30 May has been postponed because of the current political crisis in the country.
The organisers of the event released the following statement from the Ministry of Economics:
“We commend your international efforts in preparing for a conducive and encouraging investment climate, to raise the level of both local and foreign investment.
“Due to the importance of this subject matter and that it falls under the remit of the Ministry of Economy, we have intended to attend this investment conference. However, due to the current temporary conditions, we ask that the conference is postponed for a later date so that we can complete all the required steps to participate at the Ministerial level. We thank you for your continued efforts for the benefit of the public interest."
The event is now expected to take place in September.
A trade mission from UK to Libya has also been postponed.
(Sources: Libya Herald, FDI Libya)
