Amman, April 26 (Petra) – President of the Jordan Chamber of Industry, Fathi Jaghbir, and President of the General Union of Chambers of Commerce, Industry, and Agriculture of Libya, Mohamed Al Raied, signed an agreement in Tripoli aimed at enhancing cooperation and expanding opportunities between business communities and economic institutions in both countries.

In a statement on Saturday, Jaghbir said the agreement lays a strong foundation for a new phase in Jordanian-Libyan economic and trade relations and will facilitate trade exchange and the sharing of industrial expertise.

He emphasized that the Libyan market is promising and that Jordanian products, known for their high quality and diversity, are well positioned to compete strongly there.

According to the agreement, a joint business council will be established to promote cooperation, boost trade volume, encourage investments, and support joint projects in both countries. It will also provide for the exchange of information, legislation, journals, and directories related to industry and commerce; organize seminars, discussion forums, and conferences; facilitate business delegations; and offer necessary support and facilities for businessmen. Furthermore, regular meetings will be held to review implementation mechanisms and propose measures to develop and sustain economic relations.

//Petra// AF

26/04/2025 20:26:17