Minister of Economy Hwej and Moroccan Foreign Trade Minister Discuss Strengthening Economic Relations
The recent meeting between Libya’s Minister of Economy and Trade, Mohamed Al-Hwej, and Morocco’s Minister of Foreign Trade, Omar Hujira, focused on strengthening economic relations between their nations. This meeting took place during the Turkish African Business Forum held in Istanbul from October 16 to 17, 2023.
Strengthening Economic Ties
During the discussions, both ministers emphasized the need to enhance trade, investment, and overall economic cooperation. Al-Hwej highlighted the importance of resuming direct flights between Libya and Morocco. He also advocated for the reopening of the Moroccan embassy in Tripoli to facilitate business travel and simplify visa processes.
Key Initiatives Discussed
- Resumption of direct flights between Libya and Morocco.
- Reopening the Moroccan embassy in Tripoli.
- Organizing a forum for Libyan and Moroccan businessmen in Morocco.
The proposed forum aims to explore available investment opportunities and increase trade volume. Collaboration with the Union of Chambers of Commerce from both countries is envisioned to enhance economic integration.
Broader Economic Goals
This meeting aligns with broader efforts by Libya’s Ministry of Economy and Trade to foster regional cooperation and open avenues to Maghreb and African markets. By strengthening ties with Morocco, Libya aims to diversify its economy and build partnerships with friendly nations.
These discussions reflect a commitment to improving economic relations and are part of a strategic approach to attract investments and enhance bilateral trade.
