Turkish businesses to resume work in Libya

Turkish businesses to resume work in Libya

ISTANBUL - Anatolia News Agency
Turkish firms would resume operations in their previously-made investments in Libya, according to Mustafa Abdul Jalil, head of the National Transitional Council (NTC) in the North African country. 

Libya was grateful for Turkey’s support and for the solidarity the Turkish government and nation had shown, Jalil said during a joint press conference with Turkish Prime Minister Recep Tayyip Erdoğan on Dec. 17. 

“Turkey will play a central part in the reconstruction of Libya. As the Turkish and Libyan governments we will extend any support to Turkish companies to that end,” he said. 

Jalil said Turkey set an example with its economic achievements as well as with political experience.
Turkish exporters experienced the largest contraction in Libya, which was once the major market for Turkish construction firms. Turkey’s exports to Libya tumbled by $1 billion in the first 10 months of this year. 

The total volume of Turkey’s exports slumped to $558 million in the first 10 months of this year, down from $1.58 billion in the same period of last year.