Moroccan businessmen meet Libyan peers

A Moroccan business delegation, currently visiting Libya, met Libyan economic operators Sunday in Benghazi.

The two sides probed means to foster bilateral cooperation in several realms through fairs and exhibitions.

They also studied preparations for a Moroccan exhibition to be held next September 1st on the occasion of Libya's national day (Revolution Anniversary).

The Moroccan delegation is made up of 11 investors from different sectors including textile, airports, environment, food and drug industry farming machinery.

Moroccan-Libyan trade is still short of existing possibilities as Morocco's exports to Libya in 2000 did not exceed US$ 50 million while imports were valued at US$ 70 million, comprising mostly oil products (over US$ 20 million).