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Shaikha Lubna leads delegation to Libya
ABU DHABI — Shaikha Lubna Al Qasimi,UAE Minister of Economy, will lead today a UAE delegation, made up of representatives from both the public and private sectors, to Libya to hold talks with officials with the aim of boosting economic ties between the two countries.
During the visit, Shaikha Lubna will participate in the inauguration of the Tripoli International Fair. She will address a forum, to be held on the sidelines of the fair, on the UAE’s experience in economic development.
Shaikha Lubna will hold talks with the Libyan prime minister and his deputy, as well as with other Libyan officials to discuss ways to boost economic ties and to probe opportunities to set up joint ventures.
Trade between the UAE and Libya has witnessed significant growth in recent years, surging to over Dh2 billion 2005 with UAE's exports to Libya standing at Dh1.726 billion and import from Libya standing at Dh242 million.
Al Tameer holding of UAE announced last August its project in Libya at a total cost of Dh20 billion to become the biggest Arab investment in the country.
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