Libya also endeavors to promote / encourage foreign investments for transfer of modern technology and creation of work opportunities and achieving optional employment of material and natural resources and diversification of income sources.
Within the same concepts, it introduced laws for organizing transit trade and Free Zones, aiming at promotion of transit trade and the various industrial processes and manufacturing for achieving joint interest of the national economy and investors.
These procedures come to emphasize that the Libyan economy passes now through medical transformation stage. The application for joining of the Jamahiriya to the World Trade Organization is only an evidence on that. The joining file is being prepared at highest level.
The estimates of the International Information Centre indicate that Libya will be a promising country / State for investment and transit trade in the following fields: