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Economy Ministry Sets New Market Distribution Rules

Economy Ministry Sets New Market Distribution Rules

The Ministry of Economy and Trade of the Government of National Unity announced the issuance of a new "Policy Paper" to regulate commercial relations and legal distribution channels in the Libyan market. The goal of this policy is to address challenges stemming from unorganized supply channels, improve the quality of goods, stabilize prices, and enhance market confidence by organizing the relationships between producers, suppliers, agents, and distributors, as well as promoting transparency and fair competition. The policy includes establishing a national registry for distribution channels, strengthening oversight, protecting consumers' rights, and achieving objectives related to increasing market efficiency and attracting investments. These reforms are expected to contribute to improving the business environment, boosting investments, protecting consumers, and developing the national economy over the next 18 months.

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