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بوابة الوسط
Egypt and Libya plan joint Benghazi exhibition
The General Union of Chambers of Commerce, Industry, and Agriculture in Benghazi, along with the Egyptian Federation of Industries, has signed a cooperation protocol to organize a joint industrial exhibition in Benghazi in April 2027. The aim is to enhance industrial, trade, and investment cooperation between Egypt and Libya. The protocol includes the organization of an annual exhibition connecting Egyptian companies with their Libyan counterparts, with a goal to increase contract volumes and develop partnerships. The focus will be on sectors such as building materials, food industries, chemicals, engineering, furniture, and textiles. Additionally, both sides seek to transform Libya into a transit trade hub to Africa, improving financial and customs procedures, and providing investment incentives such as tax and customs exemptions. They also aim to promote partnerships within existing factories to facilitate access to African markets, which have over 400 million consumers. The summary addresses key questions about the reasons for organizing the exhibition, the most targeted sectors, ways to strengthen trade cooperation, and the investment incentives offered. It emphasizes the importance of this exhibition as an annual platform for industrial integration between the two countries.
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