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Libyan-Tunisian-Algerian agreement to strengthen economic cooperation.

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July 27, 2024, Tripoli (Lana): A cooperation and partnership agreement was signed on Thursday by the heads of the Union of Chambers of Commerce, Industry, and Agriculture in Libya, Algeria, and Tunisia with the aim of promoting economic cooperation and inter-trade among the three nations.

The agreement was signed by the Head of the Libyan Union of Chambers, Mohamed Al-Raied, with his counterparts, the Head of the Tunisian Union of Industries and Trade, Samir Majoul, and the Head of the Algerian Economic Renewal Council, Kamal Moula.

The GNU Ministry of Economy and Trade said that the agreement aimed to achieve economic cooperation at the private sector level through working to prepare forums for companies and business owners, unifying efforts to ensure the flow of goods according to the specifications and standard criteria approved by the three countries, activating the role of the private sector in investing in free zones, and integrating youth into joint investment projects targeted by the Ministry of Economy and Trade.

It stated that the agreement included coordinating work with the governmental authorities to return the inter-trade lines, open land crossings, and operate sea lines to facilitate trade exchange and the movement of businessmen in the three countries.

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