Libya discusses updating trade agreements and enhancing economic exchange with Sudan, Niger, and Chad.

Istanbul, November 3, 2026 (LANA) – The Minister of Economy and Trade of the Government of National Unity, Suhail Abu Shiha, discussed with his counterparts from Sudan, Niger, and Chad mechanisms for developing trade relations and regulating the flow of commerce. This involves reviewing bilateral agreements and updating economic cooperation frameworks to align with current economic and trade developments.

The Ministry of Economy and Trade stated on its official page that these discussions took place during separate meetings held by the Minister with the Sudanese Minister of Industry and Trade, Mahasin Al-Yaqoub; the Nigerien Minister of Trade, Abdoulaye Saidou; and the Chadian Minister of Trade, Guibolo Mathieu. The meetings were held on the sidelines of the 42nd session of the Standing Committee for Economic and Commercial Cooperation of the Organization of Islamic Cooperation (COMCEC) in Istanbul, Turkey.

The meetings addressed the review of existing trade agreements between Libya and each of the three nations, exploring ways to renew and modernize them. Furthermore, the discussions covered the coordination of procedures at customs and border crossings, as well as the establishment of financial and commercial frameworks to help regulate the movement of goods and facilitate the flow of trade between the parties.

The ministers agreed to designate direct points of contact between their respective ministries. These focal points will be tasked with following up on joint trade files, coordinating the development of practical proposals to enhance bilateral agreements, and addressing issues related to the regulation of trade exchanges.

...(LANA)...