Libya set to grant Tunisia one billion Euros

After a successful visit by Tunisia's Prime Minister, Libya will be granting Tunisia one billion euros to help bolster the country's struggling economy and aid in restoring relations and economical ties

Libyan-Tunisian relations witnessed a slew of successes this week with the official visit of the Tunisian Prime Minister, signing of an agreement to improve trade and lifting of mandatory hotel stay on Libyan. [Photo: AA]
Mohamed Trabelsi, Tunisia’s Minister of Social Affairs, confirmed that Libya will grant Tunisia a financial deposit worth one billion euros, which will be deposited in the Tunisian Central Bank.

“The Libyan deposit will bolster Tunisia’s hard currency reserves during these trying times,” Trabelsi told Tunisian newspaper Al-Shorouk in a press statement.

“The Tunisian government’s visit to Libya was critical; it thawed the icy relations, allowing for the adoption of critical decisions,” he added.

“The Libyan market will be open to Tunisians of all specialties, including tourism, hospitality, nursing, and all trades and industrial professions,” he explained.

Tunisia’s Prime Minister, Hichem Mechichi, arrived in Libya this week for a two-day official visit, accompanied by a high-level ministerial and business delegation, to mark the resumption of Tunisian Airlines flights to Tripoli after a seven-year hiatus.

During the visit, Abdelhamid Dabeiba, the Prime Minister of the Government of National Unity (GNU) announced the signing of a multi-clause agreement  between Libya and Tunisia to improve commerce and travel.

The visit included the opening of the Libyan-Tunisian Forum on the grounds of Tripoli’s International Exposition by the Libyan Prime Minister and his Tunisian counterpart.

Libya’s Civil Aviation Authority (CAA) also announced this week that Tunisia will no longer require Libyan travelers to be quarantined in hotels as long as they adhere to Covid-19 protective measures.

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