Tripoli Chamber of Commerce signs agreement with Italy
By the AFREEQUE newsroom, based on Libya Herald
The Tripoli Chamber of Commerce and the Joint Italian Arab Chamber of Commerce have signed an agreement in Milan to develop trade and investment between Libya and Italy. The partnership includes economic forums, trade missions and joint ventures, according to the Libyan chamber.
Tripoli Chamber of Commerce signed a memorandum of understanding with the Joint Italian Arab Chamber of Commerce (JIACC) in Milan on 29 October to strengthen economic and trade ties between Libya and Italy. Anwar Abu Sitta, president of the Tripoli Chamber of Commerce, and Pietro Rompino, president of JIACC, signed the document on the sidelines of the fifth Arab-Italian Economic Forum, according to the Tripoli Chamber of Commerce.
The agreement provides for facilitating partnerships between Libyan and Italian companies, joint ventures, trade missions and investment in energy, renewable energy, infrastructure, agriculture, the pharmaceutical industry, logistics and digital services. It also includes training for young entrepreneurs and exchanges of expertise.
The two organisations also want to establish a Libyan-Italian business forum, held alternately in the two countries, and increase meetings between companies and government bodies. The signing follows the strengthening of partnerships between three Libyan chambers in Berlin, announced on 29 October.
