CBL’s role in granting LCs is limited - does not include assessing Libya’s economic needs
Jan 26 Sami Zaptia

CBL’s role in granting LCs is limited - does not include assessing Libya’s economic needs

The Central Bank of Libya (CBL) issued a clarification statement yesterday regarding documentary credit procedures, emphasizing that its role and that...

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Libyan Export Promotion Centre to unify efforts to advance the fisheries sector
Oct 4 Sami Zaptia

Libyan Export Promotion Centre to unify efforts to advance the fisheries sector

The head of the Libyan Export Promotion Centre (LEPC), Mohamed Al-Deeb, held a meeting yesterday with the relevant sectors concerned with the fisherie...

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Businesses object to some ‘‘arbitrary decisions’’ by the Economy Ministry – demand they be consulted
Sep 8 Sami Zaptia

Businesses object to some ‘‘arbitrary decisions’’ by the Economy Ministry – demand they be consulted

Several business owners, including merchants and industrialists, objected to what they called some of the arbitrary decisions taken by the Ministry of...

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Economy Minister Hwej reviews his ministry’s implementation of its 2023 plan and issues several directives
Aug 7 Sami Zaptia

Economy Minister Hwej reviews his ministry’s implementation of its 2023 plan and issues several directives

In the framework of following up on the progress of work according to the approved 2023 plan, the Minister of Economy and Trade, Mohamed Al-Hwej, held...

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The Libyan Barcode Association holds its annual meeting - signs agreement with the Union of Chambers of Commerce to exchange data
Jul 17 Sami Zaptia

The Libyan Barcode Association holds its annual meeting - signs agreement with the Union of Chambers of Commerce to exchange data

The Libyan Barcode Association held its annual meeting in the city of Misrata, in the presence of many public and private agencies and regulatory auth...

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Dec 29 Sami Zaptia

Trade names to be decentralised and issued electronically

By Sami Zaptia.(Logo: The Ministry of Economy and Trade).London, 29 December 2021: The Minister of Economy and Trade issued its Decision No. 935 of 20...

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Feb 26 Sami Zaptia

Tripoli Chamber rejects Finance Minister’s defence of ECTN system

By Sami Zaptia.Tripoli Chamber of Commerce has rejected the Finance Minister's justification for introducing the ECTN system (Photo: ECTN.com).London,...

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Feb 22 Sami Zaptia

Audit Bureau to review Libya's ECTN contract with Turkey’s SCK – committee formed to make proposals

By Sami Zaptia.Libya's Tripoli Audit Bureau is reviewing the country's ECTN contract with Turkish company SCK (Photo: ECTN.com).London, 22 February 20...

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Sep 21 Sami Zaptia

Harmonized System (HS) codes must be used for Libyan imports as of October

By Libya Herald reporter.Libyan importers must use the Harmonized System (HS) codes as of October (file photo).Malta, 21 September 2015:The Tripoli-ba...

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GNC finally discusses new commercial laws
Dec 15 Sami Zaptia

GNC finally discusses new commercial laws

By Sami Zaptia.               Tripoli, 15 December 2013:The GNC reports that its Economy, Trade and Industry Committee met on Wednesday 11th December...

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