New Libyan-Italian Project Association Founded

An agreement has been reached between the small- and medium-sized business associations in Italy and Libya to help reconstruct the North African country.

The Libyan-Italian Project Association (Associazione Progetto Italia Libia - APIL) will facilitate the entry of Italian businesses into Libya, which it describes as a country that is currently "an opportunity for business and employment without equal.

According to a report from ANSAmed, the main objective of the association is to create a synergy between Italian and Libyan businesses.

It is created under the patronage of the Italian-Libyan Chamber of Commerce, and is being promoted by the conference and exhibition company El Dawlia, together with the SME Task Force, which represents more than 100 businesses in north-eastern Italy and that are already working on Libya's reconstruction.

"Libya faces aggressive competitors such as China and Turkey, but a special relationship exists between our two countries," said the president of the Italian-Libyan Chamber of Commerce, Gian Franco Damiano. "The demand for Chinese products seems to be waning."

(Sources: ANSAmed, El Dawlia)

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