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The last few days have seen some interesting developments and statements coming out of Libya, the question is... can the international community engage in these initiatives? THE BRITISH LIBYAN BUSINESS ASSOCIATION ASSISTING ORGANISATIONS ENGAGING WITH LIBYA   LIA LOCAL INVESTMENTS TO BE ACTIVATED WITHIN LEGAL PROCESS “During the meeting, the CBL Governor stressed that the completion of a number of projects that have been suspended for ten years and implemented by foreign companies is considered a priority after evaluating the assets and investment feasibility” CLICK HERE to read the full article   LIBYA ADOPTS ICT SECTOR STRATEGY [...]

THE HEALTH SECTOR    LIBYA’S HEALTH SECTOR FACES MANY CHALLENGES AND IS STILL, COMPARATIVE TO INTERNATIONAL STANDARDS, UNDERDEVELOPED.  IT HAS AND IS TAKEN STEPS TO DEVELOP AND ENGAGE AND HAS SEEN A RETURN TO STABILITY, DEVELOPMENT AND ENGAGEMENT IN THE LAST 2 YEARS. WHILST THIS BRIEF DOCUMENT GIVES A SHORT HISTORY AND DESCRIPTION OF THE HEALTH SECTOR IT BY NO MEANS SHOULD BE CONSIDERED A COMPREHENSIVE OR ANALYTICAL DOCUMENT PLEASE CONTACT THE BRITISH LIBYAN BUSINESS ASSOCIATION IF YOU REQUIRE FURTHER INFORMATION OR ASSISTANCE TO HELP GUIDE YOU IN DEVELOPING OPPORTUNITIES AND COMMERCIAL ACTIVITIES IN LIBYA.    A [...]

Total trade in goods and services (exports plus imports) between the UK and Libya was £1.5 billion in the four quarters to the end of Q4 2022, an increase of 15.5% of £207 million in current prices from the four quarters to the end of Q4 2021. Of this £1.5 billion: Total UK exports to Libya amounted to £219 million in the four quarters to the end of Q4 2022 (an increase of 14.7% or £28 million in current prices, compared to the four quarters to the end of Q4 2021); Total UK imports from Libya amounted [...]

FIRMS COMPETE FOR TWO LIBYAN OIL PROJECTS https://www.meed.com/bids-submitted-for-two-libyan-oil-projects1   STUDY REFUTES CLAIM ALL CHINESE FIRMS IN AFRICA UNDERPAY LOCAL WORKERS https://northafricapost.com/67113-study-refutes-claim-all-chinese-firms-in-africa-underpay-local-workers.html   ELCANO ROYAL INSTITUTE: BATHILY’S COMMITTEE CAN BE HIJACKED BY LIBYAN POLITICAL ELITE https://libyaupdate.com/elcano-royal-institute-bathilys-committee-can-be-hijacked-by-libyan-political-elite/   GROUNDWATER SPARKS DISAGREEMENTS BETWEEN LIBYA, TUNISIA, ALGERIA https://atalayar.com/en/content/groundwater-sparks-disagreements-between-libya-tunisia-algeria   GNU SEEKS U.S. HELP IN FRESH EFFORT TO RECOVER GADDAFI BILLIONS https://libyaupdate.com/gnu-seeks-u-s-help-in-fresh-effort-to-recover-gaddafi-billions/   HAFTAR’S SON SAYS MEETING WITH SUDANESE GENERAL HEMEDTI “NOT ABOUT POLITICS” https://libyaupdate.com/haftars-son-says-meeting-with-sudanese-general-hemedti-not-about-politics/   THE ARAB EXHIBITION WILL BE HELD IN TRIPOLI FROM 4-7 NOVEMBER https://libyaherald.com/2023/04/the-arab-exhibition-will-be-held-in-tripoli-from-4-7-november/   LIBYA DENIES INVOLVEMENT IN SUDAN FIGHTING https://www.businessghana.com/site/news/politics/284376/Libya-denies-involvement-in-Sudan-fighting   LD 4.6 BN IN CASH [...]

Our members can help Are you a British or Libyan company attempting to recover outstanding fees from a project or engagement? If this is the case, our members may be able to assist Please get in touch with us so that we can discuss further and determine how we can be of assistance.  

LIBYA’S RETAIL AND FOOD PRODUCTION AND SECTOR IS STILL RELATIVLY SMALL AND UNDERDEVELOPED BUT HAS SEEN A RETURN TO STABILITY AND PRODUCTIVE DEVELOPMENT AND ENGAGEMENT IN THE LAST 2 YEARS. WHILST THIS BRIEF DOCUMENT HIGHLIGHTS THE MAJOR PLAYERS THERE ARE MANY MORE. PLEASE CONTACT THE BRITISH LIBYAN BUSINESS ASSOCIATION IF YOU REQUIRE FURTHER INFORMATION OR ASSISTANCE TO HELP GUIDE YOU IN DEVELOPING OPPORTUNITIES AND COMMERCIAL ACTIVITIES IN LIBYA.    THE RETAIL SECTOR in Libya has been significantly impacted by the country's ongoing political and economic instability since the 2011 revolution. Retail trade in Libya is mainly dominated [...]

TELECOMMUNICATIONS LIBYA’S TELECOMMUNICATION SECTOR IS DIVERSE. THE INDUSTRY HAS SEEN SIGNIFICANT DISRUPTION BUT A RETURN TO STABILITY AND PRODUCTIVE ENGAGEMENT IN THE LAST 18 MONTHS TO 2 YEARS. WHILST THIS BRIEF DOCUMENT HIGHLIGHTS THE MAJOR PLAYERS THERE ARE MANY MORE INCLUDING SEVERAL EMERGING IN THE PRIVATE SECTOR PLEASE CONTACT THE BRITISH LIBYAN BUSINESS ASSOCIATION IF YOU REQUIRE FURTHER INFORMATION OR ASSISTANCE TO HELP GUIDE YOU IN DEVELOPING OPPORTUNITIES AND COMMERCIAL ACTIVITIES IN LIBYA.  SUMMARY The telecommunications sector in Libya is dominated by two state-owned companies, Libyan Post, Telecommunication and Information Technology Company (LPTIC) and the General Post [...]

THE BEST WAY TO INCREASE TRADE BETWEEN LIBYA AND THE U.S. IS TO INCREASE DIRECT INTERACTIONS: AMCHAM LIBYA HEAD DEBBIE HIRST HTTPS://LIBYAHERALD.COM/2023/04/THE-BEST-WAY-TO-INCREASE-TRADE-BETWEEN-LIBYA-AND-THE-U-S-IS-TO-INCREASE-DIRECT-INTERACTIONS-AMCHAM-LIBYA-HEAD-DEBBIE-HIRST/ MINISTER OF HEALTH MEETS REPRESENTATIVES OF MAJOR AMERICAN MANUFACTURERS OF MEDICINES AND MEDICAL SUPPLIES IN DC HTTPS://LIBYAHERALD.COM/2023/04/MINISTER-OF-HEALTH-MEETS-REPRESENTATIVES-OF-MAJOR-AMERICAN-MANUFACTURERS-OF-MEDICINES-AND-MEDICAL-SUPPLIES-IN-DC/ LIBYA: CRACKDOWN ON NONGOVERNMENTAL GROUPS HTTPS://ALLAFRICA.COM/STORIES/202304180103.HTML NEW LIBYAN GAS PROJECT FORGES AHEAD WITH TENDERS FOR ATSHAN FACILITY AND EXPORT PIPELINE HTTPS://WWW.UPSTREAMONLINE.COM/FIELD-DEVELOPMENT/NEW-LIBYAN-GAS-PROJECT-FORGES-AHEAD-WITH-TENDERS-FOR-ATSHAN-FACILITY-AND-EXPORT-PIPELINE/2-1-1435760 ENI HITS MARKET WITH TWO BID PROCESSES FOR HUGE LIBYA OFFSHORE PROJECT HTTPS://WWW.UPSTREAMONLINE.COM/FIELD-DEVELOPMENT/ENI-HITS-MARKET-WITH-TWO-BID-PROCESSES-FOR-HUGE-LIBYA-OFFSHORE-PROJECT/2-1-1436584 HEALTH MINISTER URGES WORLD BANK TO DOUBLE EFFORTS FOR LIBYAN PROJECTS HTTPS://LIBYAOBSERVER.LY/INBRIEF/HEALTH-MINISTER-URGES-WORLD-BANK-DOUBLE-EFFORTS-LIBYAN-PROJECTS MISRATA CHAMBER TO LEAD DELEGATION TO SOUSSE, TUNISIA 10 TO 13 MAY [...]

This factsheet provides the latest statistics on trade and investment between the UK and Libya. Total trade in goods and services (exports plus imports) between the UK and Libya was £1.5 billion in the four quarters to the end of Q3 2022, an increase of 37.3% or £399 million in current prices from the four quarters to the end of Q3 2021. Of this £1.5 billion: Total UK exports to Libya amounted to £219 million in the four quarters to the end of Q3 2022 (an increase of 22.3% or £40 million in current prices, compared to [...]