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Doing Business in Libya

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Syllabus of the Subject: Foreign Trade and Business in Libya, Tripoli.

  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 Privatization and Investment.
  6. Case Study:
    1. Libyan Petrol Sector;
    2. Libyan Free Trade Zones.
  7. Access to the Libyan Market.

The objectives of the subject “International Trade and Business in the State of Libya” are the following:

  1. To analyze the Libyan Economy and Global 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.

Online Course Business in the Maghreb

Global Trade and Business in Libya:
International Trade and Business in Libya

Online Student Master in International Business

The Subject “Foreign Trade and Business in Libya” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: Islamic Business, African Business, World Trade.

Professional Doctorate in International Business (DIB). Online Education

Masters: International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB) - Online Education

Course: Business in the Maghreb.

Languages: Courses, Masters, Doctorate in International Business and Foreign Trade in English or Study, Course Master Doctorate in International Business in French Libye Masters Foreign Trade in Portuguese Libia Study Master Doctorate in International Business in Spanish Libia.

Credits of the subject “Foreign Trade and Business in Libya”: 1 ECTS Credits

Masters and Doctorate in Global Business adapted to the Libyan Students.

We Trust in Africa (Affordable Higher Education for Africans) Kenya, Nigeria, Sudan, Ghana, Tanzania, Cameroon, Egypt...

International Trade and Business in Libya.

Libya: The largest proven Africa's petroleum reserve.

Online Education (Courses, Masters, Doctorate): Transport and Logistics in Africa

Trans-African Corridors
  1. Tripoli-Windhoek Corridor;
  2. Cairo-Dakar corridor.

African Economic Integration. Online Education (Courses, Masters, Doctorate)

Market Access - Free Trade Agreements. Online Education (Courses, Masters, Doctorate)

Libyan Preferential Access and Free Trade Agreements:

  1. Libya and the Maghrebian Economic Area;
  2. Arab Maghreb Union (AMU);
    1. COMESA-United States Trade and Investment Framework Agreement.
  4. COMESA-EAC-SADC Agreement;
  5. CEN-SAD;
  6. African Continental Free-Trade Area;
  7. Libya-EU
    1. Euro-Mediterranean Partnership;
    2. European Neighborhood Policy.
  8. Arab Mediterranean Free Trade Agreement (Agadir Agreement);
  9. Greater Arab Free-Trade Area (GAFTA);
  10. Free Trade Agreement with Jordan;
  11. Islamic Trade Preferential System;
  12. Islamic Centre for Development of Trade;
  13. Global System of Trade Preferences (GSTP).

Arab Maghreb Union (AMU) Morocco, Mauritania, Algeria, Tunisia and Libya

Trade Facilitation Programs. TFA Agreement. Online Education (Courses, Masters, Doctorate)

  1. WTO (in process of accession);
  2. WCO
    1. Revised Kyoto Convention.
  3. International Bureau of Containers and Intermodal Transport (BIC);
  4. Chicago Convention (ICAO);
  5. International Maritime Organization (IMO)
    1. Istanbul Convention - not a member.
  6. Customs Convention on Containers - not a member.

Tripoli-Windhoek Corridor (Trans-African Highway): Angola, Chad, Cameroon, the Central African Republic, Congo, the Democratic Republic of the Congo, Namibia, and Libya

Islamic Organizations. Arab League. Online Education (Courses, Masters, Doctorate)

Islamic Organizations:

  1. ESCWA;
  2. Arab League (LAS);
  3. Organization of Islamic Cooperation (OIC)
    1. Committee for Economic Cooperation (OIC-COMCEC);
    2. Islamic Chamber of Commerce and Industry (ICCI);
    3. Statistical, Economic and Social Centre for Islamic Countries.
  4. Asia - Middle East Dialogue (AMED);
  5. Summit of South America-Arab Countries (ASPA);
  6. Afro-Arab Cooperation;
  7. BADEA;
  8. Arab Development Funds.

African Instituions (AU, AFDB, AUDA-NEPAD, UNECA) Online Education (Courses, Masters, Doctorate)

African Trade and Economic Organizations:

  1. Economic Commission for Africa (ECA);
  2. African Union
    1. AU Convention on Combating Corruption;
    2. AUDA-NEPAD.
  3. African Development Bank;
  4. Africa-Turkey Partnership;
  5. Africa-Asia Partnership;
  6. Africa-Korea Partnership;
  7. Africa-Japan Cooperation;
  8. China-Africa Cooperation;
  9. Africa-India Cooperation;
  10. Africa-BRICS;
  11. Africa-South America Summit.

Online Education (Courses, Masters, Doctorate): Globalization and International Organizations

Global Organizations:

  1. OPEC;
  2. WCO;
  3. UN
    1. UNCTAD;
    2. ITC;
    3. WIPO.
  4. WB;
  5. WTO;
  6. IMF.

Greater Arab Free-Trade Area GAFTA: Bahrain, Egypt, Iraq, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Sudan, Syria, Tunisia, and the United Arab Emirates

The State of 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.

  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. Neighbor countries: Algeria, Chad, Egypt, Niger, Sudan, and Tunisia;
  5. Area of Libya: 1.8 million km² (the fourth-largest African Country);
  6. Libyan Population: 6.2 million people;
  7. Libyan Mediterranean coast: 2,000 kilometers;
  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 (EENI African Business Portal).

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 Civilization and the African Civilization).

Islam and Global Business. Islamic Economic Areas. Online Education (Courses, Masters, Doctorate)

Custom Union - Common Market for Eastern and Southern Africa COMESA

Foreign Trade (Importing, Exporting) Online Education (Courses, Masters, Doctorate)

Economy of the State of Libya:

  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.

Community of Sahel-Saharan States (CEN-SAD), African Initiative of the Great Green Wall

COMESA-EAC-SADC Tripartite Agreement, Ethiopia, Kenya, Libya, Malawi...

Arab Maghreb (Arabic, Master, Doctorate)

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