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Libya welcomes Russian companies’ readiness to return to its market

“We see new promising horizons for cooperation,” Libyan Foreign Minister Muhammad Abdelaziz said

MOSCOW, September 10 (Itar-Tass) - Libya welcomes Russian companies’ readiness to return to its market, Libyan Foreign Minister Muhammad Abdelaziz said after talks with his Russian counterpart Sergei Lavrov on Tuesday.

“We see new promising horizons for cooperation,” he said. “We welcome Russian companies’ readiness to return to Libya and resume work in those areas where it did it and in new ones.”

“While discussing trade and economic cooperation we agreed to synchronize our contractual legal framework, take an inventory of the existing agreements and think over what new projects can be developed,” he said.

Abdelaziz said the countries agreed to resume the activity of the intergovernmental commission for trade and economic and scientific and technical cooperation. “This is very important as it is necessary to encourage the business community to bilateral contacts,” he said.

“The Russian side expressed understanding and readiness to provide assistance in those areas where it can be most effective, first of all in building civil institutions in our country,” he said.

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