وزير الاقتصاد والتجارة الليبي لـ CNBC عربية: نتحرك بجد للانضمام إلى منظمة التجارة العالمية

  • 8 months ago

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00:00 "The fact is that the international trade organization has started early and the global economy has changed.
00:08 It has changed from the traditional economy to the digital economy.
00:13 This requires the re-structuring of the international trade organization so that it can move forward and make international changes in the global economy.
00:23 We think that now is the time to start negotiating with the international trade organization so that it can take the situation in Libya into account.
00:30 We think that the international trade organization has goals, which are to achieve peace and to achieve the exchange of goods."
00:37 "When will the organization return to the minister?"
00:40 "We have formed a committee, which will communicate with the international trade organization and see where the interests of Libya are and how it is progressing.
00:51 There are certain stages of economic reforms and certain stages of trade reforms.
00:56 There are sectors such as the services sector, which cannot be implemented quickly.
01:00 We have started to move forward.
01:04 We have re-established the 2004 agreement and we are now developing it to see the interests of Libya."
01:11 "We would like to ask you about the trade indicators during the past year.
01:16 We have seen a number of measures, including the agreement with Turkey on increasing the trade exchange and other measures."
01:24 "As we said, Libya has now re-established its economy and the construction has started again.
01:31 It has adopted the free economy, which is a private sector economy.
01:36 But we have considered who our partners are in trade and investment.
01:42 We have started to move forward in some trade and investment agreements with Turkey, Egypt, Italy and Tunisia.
01:50 These countries are based on the private sector, and we are always providing services.
01:56 The international trade organization has taken this into consideration when we enter the international trade organization
02:01 so as not to harm the Libyan sectors, which are weak."
02:07 "There is an agreement with Egypt to establish a free region and to benefit from the trade of goods.
02:12 When will the free trade area end? What are the details of this area?"
02:18 "We are now registering Libya as a free region.
02:21 We have removed all the customs related to food and other things.
02:25 But we also have three stages.
02:28 We have private areas, free areas and border areas.
02:35 We aim to make Libya the center of the Mediterranean in the trade of goods between Europe and Africa,
02:41 and between the East and the West.
02:43 We have started to study in the region of Misrata, Zawara, Tobrak, and the region of the South,
02:52 in Traga and Ghad, so that it becomes a free trade network in all areas of Libya
02:57 and to connect it with all the countries around it and its partners in international trade."
03:02 "Halina, we are in the stage of reconstruction.
03:05 How much money is being allocated and what are the projects that are being targeted by the minister?
03:10 What are the expectations of the growth in light of these international challenges?"
03:14 "Despite the surrounding conditions, if you look at the indicators of economic growth,
03:19 Libya is growing more than the countries around it."
03:23 "What about the hydrocarbon sector?"
03:26 "We have started to diversify in the national economy.
03:29 There are industrial sectors that are growing, there are agricultural sectors that are growing,
03:32 there are services that are growing.
03:34 This is the main aspect, because our goal is to diversify the national economy,
03:38 because Libya is transforming from a single economy, which is the oil sector,
03:41 because oil is not just fuel, it is industrial, agricultural, services and also financing.
03:48 We have started to diversify, and we have achieved growth,
03:54 because our goal is to rebuild the Libyan economy."
03:58 "How much money is being allocated and what are the projects that are being targeted?"
04:00 "In the past, there were projects that reached 120 billion,
04:05 and now this will be back to normal, according to the available resources.
04:09 We have a special sector, not just the government.
04:12 We have the main infrastructure, such as airports, roads, and ports.
04:16 This is government funding.
04:19 We also have the private sector and the investment sector,
04:22 because we have the best investment laws."
04:26 "Is the investment law being implemented at the moment?
04:28 I read that there are current legislative amendments."
04:31 "Of course, the investment law in Libya is one of the best laws in the world,
04:36 compared to other countries.
04:38 But any project, a mega project, we are ready to make an agreement,
04:43 as any country that has to enter, for example, petrochemicals,
04:47 or the strategic projects, or food security, or medicine security.
04:53 In fact, we are ready to develop the thinking and the agreement with the countries,
04:58 so that Libya becomes the essence of the Mediterranean."
05:03 "Is there anything new about the frozen money abroad?"
05:07 "Unfortunately, the frozen money was issued by the UN,
05:11 and Libya took all the legal, administrative, and political steps,
05:20 to raise the frozen money to Libya,
05:24 because either Libya is a sovereign fund for the coming generations,
05:28 and it is being invested, or a part of it is being invested in internal projects
05:32 that have an economic agenda and a dollar return to the country's economy."
05:37 "We are talking about 100 million dollars."
05:39 "No, this is the company that is being invested, yes.
05:42 It is within the 100 billion dollars limit,
05:47 and not as a whole or as a market value."

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