Libya, Italy to reactivate Joint Economic Committee

Libya, Italy to reactivate Joint Economic Committee

May 04, 2021 - 11:52
Posted in:
Written By: SafaAlharathy

Libya and Italy have agreed to reactivate the Libyan-Italian Joint Economic Committee and review Libyan investments in Italy and stimulate trade exchange.

This came during a meeting on Monday between the Minister of State for Economic Affairs, Salama Al-Ghwail, and the Italian ambassador to Libya, Giuseppe Buccino.

The two sides discussed aspects of cooperation and partnership in various areas, including renewable energy, and attracting investment from Italian companies, besides pending files such as completing stalled projects and activating the joint friendship agreement.

The meeting also touched upon the illegal immigration issue and Italy's support for Libya with experience and capabilities to combat the Coronavirus pandemic.

Al-Ghwail stressed the importance of working with Italy and the European Union to improve the security situation in Libya, calling on the EU and affluent countries to launch programs and invest in African countries to diminish migration flows.