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2010-02-23

Libya hosts US business delegation

Libya and representatives of 25 major US companies, including Boeing, Motorola and Harley-Davidson, held an economic forum last week-end in Tripoli, international press reported on Monday (February 22nd). "We are here because the Libyan Government has set aside over $80 million…for major residential building, motorway, railway, telecommunications and irrigation projects," ANSA quoted US Department of Commerce official Nicole Lamb-Hale as saying.

For his part, Mohamed Tahar Siala, the deputy minister of the Libyan General People's Committee for External Relations and International Co-operation, regretted the delay in strengthening bilateral economic relations, pointing out that Libya and the US began discussing their proposed Trade and Investment Framework Agreement (TIFA) in 2007.

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