|
Libya: New law for investment in petroleum
Libya, Economics, 5/20/1999
The Libyan authorities are currently studying a new law draft for investment in the petroleum sector that would grant incentives to foreign companies to encourage investment in petroleum projects.
Almost two years ago, the Libyan government ratified a law for investment in the country. It has also recently ratified a law that allows the establishment of free trade zones along the Libyan coast.
The proposed law for investment for petroleum is part of a plan which aims at encouraging international companies to invest in Libya as they do in neighboring countries.
Previous Stories:
Russia resumes cooperation with Libya
(5/18/1999)
Libya establishes general organization for free trade zones
(5/12/1999)
Libyan - Egyptian committee to meet on Monday
(4/30/1999)
Please add a link on your webiste pointing to ArabicNews.com and bookmark ArabicNews.com & subscribe to our daily email news bulletin.
|
Advertise on ArabicNews.com. MyFlowers.com sold more than $2700 of flowers in one month advertising on ArabicNews.com! Make your company, and products a success. Special rate for new and small business. Inquire!Advertising Info
|
