Doing Business in Libya (Course, Master)

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

1. Introduction to 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
6. General Board of Privatisation and Investment
7. Case Study:
   1. Libyan Petrol Sector
   2. Libyan Free Trade Zones
8. Introduction to Arabic
9. Access to the Libyan Market

The objectives of the Online Course / 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 Libyan trade relations with the student's country
4. To know Libyan Trade Agreements

Example of the Online Course - Doing Business in Libya:

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Description of the Online Course: Doing Business in Libya.

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

Civil war in Libya.

The State of Libya.

1. Capital: 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: 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 Business School & HA University).

Religion in Libya:

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

Libya belongs to Maghrebian Economic Area (Islamic Civilisation and 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 GDP)
4. Libyan inflation: 7.5%
5. Currency: Libyan Dinar
6. Great Manmade River Project
7. Zwara and Mesratha Free Trade Zones
8. Tripoli International Fair

Trans-African Corridors.

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

Nearest foreign ports:

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

Libya has preferential market access to:

1. Arab Maghreb Union (AMU)
2. Common Market for Eastern and Southern Africa (COMESA)
3. COMESA-EAC-SADC Tripartite Agreement
4. Community of Sahel-Saharan States (CEN-SAD)
5. Euro-Mediterranean Partnership (EUROMED)
6. Arab Mediterranean Free Trade Agreement (FTA)
7. Greater Arab Free-Trade Area (GAFTA)
8. Free Trade Agreement (FTA) with Jordan

Institutions and Agreements (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. European Neighbourhood Policy
11. Summit of South American-Libya (ASA)
12. New Partnership for Africa's Development (NEPAD)
13. African Union (AU) - Convention on Preventing and Combating Corruption
14. OPEC
15. International Monetary Fund (IMF)
16. World Customs Organisation
17. World Bank (WB)
18. World Trade Organisation (WTO)

❮ Samples - Business in Libya ❯

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