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Libya


US-Libyan trade and investment council agreed
Libya and the US have signed today a Trade and Investment Framework Agreement (TIFA) which establishes an American-Libyan Council for Trade and Investment to regulate all commercial matters between the two countries
Tuna fished ’illegally’ during Libya conflict
Evidence is emerging of unregulated and probably illegal tuna fishing in Libyan waters during this year’s conflict.
US, Libya sign trade and investment pact to improve ties
The US and Libya signed a pact Thursday to facilitate trade and investment between the two nations, marking the latest step in the thaw of past hostilities. Corporate groups led by BP and Chevron called the deal "a milestone".
Lord Mandelson accused of secretly lobbying for Libya during Lockerbie bomber talks
Informed sources say that, nearly a year after Lord Mandelson stepped down as European Trade Commissioner to return to the Cabinet, he has continued to push personally for a new and quick European Union (EU) trade deal with Libya.
Ukraine intends to create free trade zone with Libya
Ukraine and Libya are interested in boosting bilateral goods turnover, Prime Minister Yulia Tymoshenko and Secretary of the General People’s Committee of Libya al-Baghdadi Ali al-Mahmudi said at a meeting of the Ukraine-Libya Cooperation Commission in Kyiv on Monday.
Successful negotiations between Libya and EU
According to Mr. Hugues Mingarelli, officer in charge of the European Commission’s external relations, negotiations between the European Union and Libya in regards to an economic partnership agreement have “got off to a good start”.
Brussels proposes first ever framework for EU-Libya ties
The European Commission said it would begin negotiating an agreement covering political, social, economic, commercial and cultural relations with Libya once it has received the green light from the bloc’s 27 member nations.
United States and Libya sign Science and Technology Cooperation Agreement
The Science and Technology Cooperation Agreement is an important step in recognizing Libya’s renunciation of weapons of mass destruction, says the US State Department. It is a component of Washington’s efforts to promote peace and stability in the Maghreb and broaden US-Libya bilateral relations.
Libya sweetens trade, investment ties with US
Morphing over the past several years from international pariah to developing, open-market economy, Libya is now actively cultivating trade and investment links with the US.
Kibaki to visit Libya
As the latest entrant into the Common Market for Eastern and Southern Africa (COMESA), Libya is a potential trade partner not only for Kenya but the COMESA regional economic bloc which Kenyan President Kibaki currently chairs
Now oil-rich Libya to join Comesa FTA
Libya is to become the second North African country after Egypt to join the Free Trade Area of the Common Market for Eastern and Southern Africa (Comesa). The implication is that exports from this oil-rich country will now have duty-free access to 13 other Comesa member-states that have so far signed on to the Free Trade Area arrangement.
Comoros, Libya join COMESA free trade area
Comoros and Libya have joined the Free Trade Area (FTA) of the Common Market for Eastern and Southern Africa (COMESA), the continent’s largest economic group.
Libya gets go-ahead for WTO talks
The World Trade Organisation has given the green light for Libya to begin talks on becoming a member. The decision, which received US backing at a meeting in Geneva, is the latest sign of Libya’s rehabilitation in the international community.