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Libya and Syria have signed a Memorandum of Understanding to strengthen economic cooperation between the two countries. This took place during an official visit by representatives of the General Union of Chambers of Commerce, Industry, and Agriculture in Libya to Damascus, which occurred from July 19 to 22, 2026. The agreement aims to expand trade exchange and investment, and to develop the fields of trade, industry, and agriculture by enhancing partnership and activating existing mechanisms of cooperation. The visit also included a tour of the "Nass Tex" industrial exhibition and a focus on investment opportunities in the Syrian textile sector. It resulted in the signing of a memorandum intended to open broader horizons for economic collaboration between Libya and Syria.
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