TRIPOLI
Turkish Economy Minister Zafer Caglayan expressed hope that trade volume between Libya and Turkey, which was 3.5 billion USD in 2012, would reach five billion USD by the end of 2013.
Caglayan held meetings with Libyan PM Ali Zeidan, Transportation Minister Abd al-Qader Mohammed Ahmed, Finance Minister Elkilani Abd al-Karim al-Jazi, and President & Parliament Speaker Mohammed Yusuf al-Magariaf, and attended Turkey-Libya Business Forum on Tuesday.
Speaking at the forum, Caglayan said that Turkey would support Libya in issues such as organized industrial zones, private economy zones, and incentive system.
Caglayan said that there should be an economic diversification in Libya, adding that Libya should be a country where Turkey would invest in tourism, industry, trade and services sectors.
Caglayan noted that Libyan finance minister and he agreed to sign social security & economic partnership agreement as well as agreement on prevention of double taxation soon.
