Archive | Industry & Trade

Canada urges trade with Libya

Canadian values, including respect for human rights, won't be compromised in any trading relationship with Libya, International Trade Minister Ed Fast said Monday. Fast, who just wrapped up a three-day trip to the country where he was promoting ties to Canadian businesses, was accompanied by representatives from 15 Canadian companies. For "commercial and security reasons" […]

The business outlook

When will be the best time for a multi-sector trade promotion mission from Britainto go to Libya? To find the answer to that question a small group from the Libyan British Business Council of which I am a deputy chairman spent last week in Libya, my own first visit since the revolution. My main impressions […]

Conoco Books Tanker to Ship Libyan Oil to U.S., Shipbrokers Say

ConocoPhillips booked an oil tanker to haul Libyan crude to the U.S. as the North African country boosts output following the overthrow of Muammar Qaddafi last year, data from shipbrokers including Poten & Partners show. The Donat, a 1 million-barrel carrier owned by Zadar, Croatia-based Tankerska Plovidba DD, was hired to load 135,000 metric tons […]

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Business in Libya: Don't rip us off

AS THEY bounce around Tripoli in beat-up cars on potholed roads, past peeling colonial facades and breeze-block houses, Libyans often rue their country’s misspent wealth. “This should be like Dubai,” they say. Owing to decades of quixotic rule under Muammar Qaddafi, it is not. And it won’t be soon, despite the lifting in December of […]

Libya: Moroccan businessmen urged to participate in rebuilding Libya

A high-powered Libyan delegation visiting Morocco has called on Moroccan businessmen and economic operators to participate in rebuilding the country, a statement from the Moroccan Exporters Association (ASMEX) said on Friday. At a meeting in Casablanca with ASMEX members, the Libyan delegation said the country’s emergency needs included airport infrastructure, military dresses and drugs. ASMEX […]

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Trade boom with Libya on Lebanon’s horizon

Libya’s recent decision to lift its economic embargo on Lebanon will boost bilateral trade and open up opportunities for businesses in Libya’s reconstruction and energy sectors, experts said. A statement issued by the newly appointed Libyan Cabinet announced the decision earlier this week. The Cabinet has also lifted a similar trade embargo on Switzerland. “We […]