Istanbul is to host the Libyan-Turkish Trade Platform on 15 and 16 October, under the supervision of the Libyan General Union of Chambers of Commerce (GUCC), in cooperation with the Turkish Foreign Economic Relations Board (DEİK).

The Libyan delegation includes representatives of 200 Libyan governmental and non-governmental institutions in the field of economy, including Libyan telecommunications companies, electricity, economic and social development funds, high-level infrastructure development firms, and others.

The platform, which is sponsored by the Libyan Ministry of Economy, aims to strengthen economic cooperation and restore economic relations between Libya and Turkey, says Muhammad Raed, President of the GUCC.

It will also help create appropriate conditions to restore the confidence of Turkish companies for resuming their activities in Libya, Raed added, indicating that bilateral meetings will be held between companies from both sides in various sectors.

The volume of foreign trade and infrastructure projects signed between Libya and Turkey amounts to $ 10 billion, while the size of projects implemented by Turkish contractors in Libya has exceeded $ 28 billion, according to the GUCC head.