Tag Archives | Free Zone

Algeria, Libya Plan Free Trade Zone

By John Lee. Algerian Minister of Trade Kamel Rezig (pictured) has reportedly announced a joint initiative with Libya to establish a free trade area. Xinhua quotes him as telling 300 businessmen at an Algerian-Libyan Business Forum in Algiers that his government is keen to remove all obstacles to boosting trade with Libya. He also revealed that […]

Govt Considers Free Trade Zone

Libya's internationally-recognised government is said to be considering creating a free trade zone in the Gulf of Bomba, between Torbuk and Derna. Libya Herald reports that a presentation proposing the idea was made by the Ministry of Economy and Industry at the cabinet earlier this week in Beida. Among the advantages of the area for […]

Business is booming in Misrata

Business is booming on Misrata's docks, a dramatic change to the desperate days of April and May 2011. Then, under heavy shelling and rocket attack, only humanitarian boats were brave enough to enter the port. Now, millions of dollars of trade is passing through this port every month. Currently, about 1,200 people work on site, […]

Liberated Libya finally on the move again

Flying into Tripoli International Airport offers the traveller an aerial view of Libya's pressing challenges as well as its future potential. First the plane flies over the Mediterranean coastline, scattered with sleepy ports ringed by the hulks of Libyan warships bombed during last year's Nato campaign. As the aircraft descends, passengers peering below see a […]