Tunisian-Libyan Business Council established to foster economic relations

The Tunisian-African Business Council (TABC) on Friday in Tunis launched the first Tunisian-Libyan Business Council.

The aim of this council is to focus on a better economic rapprochement between the two countries and provide the necessary support to relaunch trade and investment between the two business communities, said Bassem Loukil, President Tunisian African Business Council (TABC), at the launch of the first bilateral business council.

He said  that “the aim of the step is to restore the dynamism to the Tunisian-Libyan relations.”  “The recent years were characterized by the absence of commercial rapprochement between the two countries,” he said, stressing that the Libyan economy is experiencing an economic recovery.

Loukil pointed out that the Libyan Central Bank had allocated $ 4 billion for the supply of foodstuff, adding that Tunisia must enjoy the largest share by at least 25 percent.

“The Libyan state also allocated $ 2 billion for the restructuring of the oil infrastructure. Tunisia is expected to be a partner in these reforms.” He concluded.

TunisianMonitorOnline

 

 

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