Libya trade mission under threat as protest takes over nation affairs.

0
317
MEA

Libya has enjoyed considerable economic boom and rapid transformation under Mahmoud Ghaddafi.

Come this March, a Multi-sector trade mission has been planned to take place in the country.

According to a report by Group Conference and Incentives, the Middle East Airlines has completed all preparations for a International trade Conference.

The report:
The MEA will be taking a Multi-Sector Trade Mission to Libya, from 5th to 10th March 2011.

• While most of the global economy is trying to recover from recession, Libya is enjoying rapid growth and boom. The private sector is continuing to grow alongside major public sector projects. The forecast for growth this year is 10%.

• Libya’s first railway line is being built, and its roads, the ports, and the airports are all being upgraded. New hotels, shopping malls, residential and commercial developments are rising at a astonishing rate.

• The oil and gas industries still account for majority of Libya’s revenue and the two new Energy Cities planned in Al Brega and Ras Lanuf are testament to the government’s commitment to expand the petrochemicals industry.

• Libya also promotes trade relations between Africa, Europe, and the Arab world. Tripoli hosted two major international events this year: the Afro-Arab summit and the AU-EU Summit.

Bilateral trade between Libya and the UK reached £1.5 billion last year and Libya continues to offer long-term prospects for British exporters.

For further information, please complete the registration form overleaf and return to the MEA, or contact our Mission Managers, CT Group Travel, for a Mission Prospectus outlining the full programme and registration costs on mea@ctgrouptravel.co.uk. The deadline for registrations is 21st January 2011.

Leading the mission will be Feride Alp (feride@the-mea.co.uk), who has taken ten MEA Trade Missions to Libya, and will be happy to answer any questions