Libya, Tunisia sign agreements on trade, transportation cooperation

Libya and Tunisia have signed a memorandum of understanding (MoU) on trade cooperation between the two countries.

The MoU was signed by the Libyan Minister of Economy and Trade, Mohamed al-Hwej, and the Tunisian Minister of Trade and Export Development, Fadhila Rabhi, the Libyan Government said in a statement issued.

The agreement includes studying the establishment of a joint border economic zone and lifting all restrictions on the movement of goods between the two countries.

It also contained facilitating the financial and administrative procedures of Libyan businessmen in Tunisia and forming a joint working group for food and drug security between the two countries.

Also included in the MOU is the invitation of Libyan and Tunisian businessmen to take part and invest in infrastructure projects in the two countries.

There will also be a facilitation of the flow of goods of foreign origin imported to Libya through the ports of Tunisia, among others.

The MoU was signed during a visit of a delegation of senior Tunisian officials to Libya, where they met with Libyan Prime Minister Abdul-Hamed Dbeibah and other senior Libyan officials. (Xinhua)