Tripoli based Libyan Prime Minister, Abdel Hamid Aldabaiba, held a meeting today, in Misrata Free Zone, in the presence of several traders and representatives of chambers of commerce and industry.

The meeting to discussed developments in the prices of commodities in the local market, the mechanisms for opening documentary credits, the market dollar exchange rate, in addition to the issue of the customs dollar and the decision of the Minister of Economy and Trade on limiting import operations to banking channels.

The meeting dealt with the evaluation of the economic decisions and procedures regulating import operations. It discussed ways to review and control them in line with the requirements of the market, and to contribute to regulating commercial activity and achieving a balance between banking procedures and the needs of the local market.

Aldabaiba stressed the importance of taking balanced measures that contribute to the stability of the market, ensure the availability of goods and the flow of import operations, in a way that limits the rise in prices, reduces the burden on citizens and maintains their purchasing power, while enhancing coordination between government agencies and the private sector to address the existing imbalances.

The meeting was attended by the Minister of State for Prime Minister and Prime Minister’s Affairs, Mohammed bin Ghalbun, the Minister of Transport and Financial Advisor to the Prime Minister, Mohamed Al-Shahoubi, the Minister of Economy and Trade, Suhail Abu Shiha, the Undersecretary of the Ministry of Industry, Mustafa Al-Sammou, the Director of the Misrata Free Zone, and several specialists.