In a recent development, Chinese companies have expressed their readiness to engage in infrastructure and industrial projects in Libya, capitalizing on the country's strategic geographical, regional, and economic advantages.

This announcement came during two meetings held between Libya's Minister of Economy and Trade, Mohammed Al-Huweij, and representatives from the Chinese companies. The meetings were also attended by Mohammed Al-Raied, the Head of the General Federation of Chambers of Commerce, Industry, and Agriculture, and Rashid Sawan, the Chairman of the Business Owners Council, according to a statement from the ministry.

The discussions focused on exploring potential cooperation in various sectors, including trade, investments, industry, contracting, and infrastructure. Both sides emphasized the importance of consolidating economic and investment relations between Libya and China. They deliberated on signing joint agreements and memoranda of understanding to foster collaboration in areas of mutual interest.

The meetings concluded with a consensus on the need for coordination between Libyan and Chinese entities to finalize bilateral cooperation agreements. This would pave the way for enhanced collaboration between the private sectors of both countries, aiming to achieve shared economic benefits.

The expressed interest of Chinese companies marks a significant step towards rebuilding Libya's infrastructure and boosting its economic prospects through international cooperation.

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