Business in Libya, Tripoli

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Syllabus of the Subject: Foreign Trade and Business in Libya, Tripoli (Course, Master).

1. Introduction to the State of Libya (Maghreb)
2. Doing Business in Tripoli and Benghazi
3. Libyan Economy
4. International Trade of Libya
5. Business and Investment Opportunities in Libya
   1. General Board of Privatisation and Investment
6. Case Study:
   1. Libyan Petrol Sector
   2. Libyan Free Trade Zones
7. Access to the Libyan Market

1. Tripoli-Windhoek Corridor
2. Cairo-Dakar corridor

Libyan Preferential Access and Free Trade Agreements

1. Libya and the Maghrebian Economic Area
2. Arab Maghreb Union (AMU)
3. Common Market for Eastern and Southern Africa (COMESA)
4. COMESA-EAC-SADC Tripartite Agreement
5. Community of Sahel-Saharan States (CEN-SAD)
6. African Continental Free-Trade Area (AfCFTA)
7. Libya-EU
   1. Euro-Mediterranean Partnership (EUROMED)
   2. European Neighbourhood Policy
8. Arab Mediterranean Free Trade Agreement (Agadir Agreement)
9. Greater Arab Free-Trade Area (GAFTA)
10. Free Trade Agreement (FTA) with Jordan
11. Trade Preferential System among the Member States of the Organisation of Islamic Cooperation (TPS-OIC)

The objectives of the Subject “Foreign Trade and Business in the State of Libya” are the following:

1. To analyse the Libyan economy and foreign trade
2. To know the business opportunities in the State of Libya
3. To explore the Libyan trade relations with the country of the student
4. To know the Libyan Trade Agreements

Example of the Subject - Doing Business in Libya:

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Description of the Subject: Doing Business in Libya.

Due to the complexity of the political situation in Syria; it is discouraged to travel to Syria. Business opportunities are small outside the energy sector.

Civil war in Libya.

The State of Libya.

1. Capital of Libya: Tripoli (1.1 million people)
2. Second city: Benghazi (Cyrenaica region)
3. Largest Libyan cities: Tripoli, Benghazi, Misrata, El-Beida, Al Khums, Zawiya
4. Neighbour countries: Algeria, Chad, Egypt, Niger, Sudan, and Tunisia
5. Area of Libya: 1.8 million square kilometres (the fourth-largest African Country)
6. Libyan Population: 6.2 million people
7. Libyan Mediterranean coast: 2,000 kilometres
8. Political: towards a Democratic transition.
9. Recent Libyan Civil War
10. Volatile political environment
11. Libyan official language: Arabic and Tamazight

More information about Libya (African Portal - EENI Global Business School).

Religion in Libya:

1. Islam (97%)
2. The main branch: Sunni
3. School of Fiqh: Fiqh-al-Maliki

Libya belongs to the Maghrebian Economic Area (Islamic Civilisation and the African Civilisation).

Economy of the State of Libya:

Libya: The largest proven Africa's petroleum reserve.

1. Economic recovery in 2012
2. Real Libyan GDP growth: 4.3.
3. The main economic resources are petrol and gas (95% of the Libyan Government revenues/50% of the GDP)
4. Libyan inflation: 7.5%
5. Currency of Libya: Libyan Dinar
6. Great Manmade River Project
7. Zwara and Mesratha Free Trade Zones
8. Tripoli International Fair

Nearest foreign ports:

1. Maghrebian Ports
2. Port Said
3. Tunisian Ports

Economic Institutions (Libya):

1. Organisation of Islamic Cooperation (OIC)
2. Arab League
3. Islamic Development Bank
4. Forum Africa (Libya) China
5. Forum Africa (Libya) India
6. African Development Bank
7. Economic Commission for Africa (ECA)
8. Economic Commission for Western Asia (ESCWA)
9. Asia-Libya Dialogue (AMED)
10. Summit of South American-Libya (ASA)
11. New Partnership for Africa's Development (NEPAD)
12. African Union (AU) - Convention on Preventing and Combating Corruption
13. OPEC
14. World Customs Organisation
15. United Nations (UN)
16. World Bank (WB)
17. World Trade Organisation (WTO)
18. International Monetary Fund (IMF)

❮ Samples - Business in Libya ❯

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