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HomeNewsMisrata Chamber of Commerce signs strategic MoU with TABC

Misrata Chamber of Commerce signs strategic MoU with TABC

A strategic partnership agreement was signed Monday in Misrata between the Chamber of Commerce, Industry and Agriculture of the region and the Tunisia Africa Business Council (TABC).

Anis Jaziri, head of TABC, said that the aim of the agreement is to boost investment and trade between Tunisia and Libya.

He added that Misrata is a very important economic and industrial center, open to the Mediterranean with a commercial port among the largest and most active of Libyan ports, and a developed free zone that allows investors to obtain many privileges.

Quoted by Libya Herald, he stressed that, more importantly, Misrata is a candidate to be one of the most important economic and commercial centers for the development of trade with Africa and the southern Sahara through Niger and Chad. For example, he said that the fleet of trucks in Misrata is more than 7000 units and is the largest in Africa.

In addition, the Misrata Chamber includes about 30,000 companies operating in various sectors, which highlights the weight of this region in the Libyan economy.

The agreement was signed to organize the first edition of a Tunisian-Libyan exhibition with an African focus in the International Fair of Misrata from November 15 to 17, to encourage Tunisian investors to settle in Misrata as a starting point to some sub-Saharan African countries and to build partnerships with Libyan industrialists and traders.

The agreement was also signed for the Misrata Chamber to participate with a large and high-level delegation of businessmen from the region in the second session of the Tunisian-Libyan Economic Forum, to be held in Sfax on September 28 and 29.

The two sides also agreed to work with their respective authorities to activate trade between Tunisia and Libya by creating a maritime line between Sfax and Misrata, increasing flights between Tunisia and Misrata, and completing the remaining 200 km to connect Misrata to Sebha, then to the Libyan border, and finally to Agadez with Niger.

Jaziri hoped that this first visit to Misrata and the signing of the partnership contract will further consolidate relations with Libya, improve trade and develop investment between the two countries, including joint efforts to develop their respective exports to sub-Saharan Africa.

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