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Home » Hammad Visits Chad to Strengthen Economic Ties and Promote Sirte Free Zone as African Trade Hub

Hammad Visits Chad to Strengthen Economic Ties and Promote Sirte Free Zone as African Trade Hub

Friday, August 30, 2024 Business 1 Min Read
Hammad Visits Chad to Strengthen Economic Ties and Promote Sirte Free Zone as African Trade Hub

Libyan Prime Minister Dr. Osama Hamad, accompanied by the Chairman of the Sirte Free Zone Authority, arrived in the Chadian capital, N’Djamena, on Friday for an official visit aimed at strengthening bilateral economic ties. The delegation’s agenda focuses on establishing strategic partnerships between Libya and Chad, particularly in transit trade and enhancing import-export operations for landlocked African nations.

Discussions are expected to explore ways to position the Sirte Free Zone as a pivotal hub for economic activity, serving as a gateway for African countries to access Mediterranean markets and beyond.

Located on Libya’s central coastline, the Sirte Free Zone is a cornerstone of Libya’s broader strategy to diversify its economy and enhance its role as a regional trade facilitator. With its strategic location, the zone is positioned to become a vital commercial link for sub-Saharan African countries seeking access to the Mediterranean Sea and global trade networks, thereby bolstering economic integration across the continent.

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Previous ArticleUnder UN auspices, Libya’s two chambers discuss their role in reforming security sector
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