Dbaiba Committed to Settling Previous Debts to Turkish Companies After Full Review – Al Marsad

At the Libyan-Turkish Economic Forum held Istanbul, the Prime Minister of the interim Government of National Unity (GNU), Abdul Hamid Dbaiba, said he was committed to settle previous Libyan debts of Turkish companies after reviewing and validating their accuracy.

(Libya, 15 April 2021) The Libyan-Turkish Economic Forum was held on Tuesday in Istanbul, Turkey, under the auspices of the Prime Minister of the interim Government of National Unity (GNU), Abdul Hamid Dbaiba. The forum brought together Turkish business leaders and investors in the fields of energy, construction, and health. In addition to Prime Minister Dbaiba, other Libyan officials present at the Forum included ministers of economy and trade, finance, oil and gas, planning, industry, housing and construction, local government, and the head of the national electricity company.

According to the GNU’s media office, the Forum discussions highlighted the return of Turkish companies to Libya and the challenges that it faces.

Dbaiba affirmed that the Libyan government plans to revive the construction sector by addressing bottlenecks and completing stalled projects, and that Turkish contractors should play a key role in the process.

With regards to inviting companies to return to work in Libya, Dbaiba stressed his commitment to settling the previous debts owed by Libya to Turkish companies after reviewing and validating their accuracy. He called on Turkish investors to work in every city in Libya, south, east and west.

Dbaiba expected that the Libyan-Turkish Free Trade Agreement would improve the terms of trade and pave the way for non-double taxation agreements. He called on Turkish investors to open up to the Libyan private sector and hold joint exhibitions and partnerships.

© ALMARSAD ENGLISH (2021)

 

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