Moroccan investors recently expressed their desire to establish partnerships with their Libyan counterparts and invest in the Libyan market to strengthen the economic partnership between the two countries.

This announcement came in a meeting for the Minister of Economy and Trade of the Government of National Unity, Mohammed Al-Huweij, and leading Moroccan businesspeople and investors in all fields on the sidelines of the Moroccan-Libyan Business Forum in Tangier, according to a Ministry statement on Monday.

“The visit of the Prime Minister to Morocco and his meeting with the Moroccan government paves the way for improving our partnerships. It strengthens the distinguished relations between the two peoples through holding meetings of the joint supreme committee.” Al-Huweij said.

He added that Libyan-Moroccan relations were further strengthened during that visit in terms of developing memoranda of understanding, expressing his confidence that more cooperation opportunities between businesspeople from the two countries would take place, wishing to increase the levels of joint trade exchange in the coming period. He also reiterated the importance of inaugurating air and sea routes between the two countries to overcome the difficulties faced by businesspeople. 

Last Saturday, the Head of the Moroccan Exporters Association, Hassan Al-Santisi Al-Idrissi, announced that they will soon organize a forum bringing together investors, importers, and exporters in the Libyan capital, Tripoli. Meanwhile, 17 Libyan companies and institutions, 20 Moroccan companies, and more than 90 Libyan businesspeople participated in the Tangier Forum and Exhibition.