Libya’s Reintegration into the International Economy: Opportunities for Cooperation

24 May , 16:45–18:00
The Global Economy in an Era of Change
Panel Session
Congress Centre, Conference Hall B1

After four years of recession, between 2017 and 2018 Libyan economic growth doubled - primarily as the result of the nation utilizing its oil and gas potential. While still a long way from attaining political stability, the country is nonetheless attracting the attention of some of the biggest international corporations. As Libya reintegrates into the global economy, the demand for projects in energy, construction, medicine, agriculture, and education is increasing. European and Russian companies are seeking opportunities to restart projects, which were being implemented prior to the 2011 revolution. Success and stability of Libya is important to both the European Union and Russia. What prospects are there for Russian and international companies making a return to the Libyan market? What areas of business cooperation will take priority at this new stage in establishing bilateral contacts? Can Russia and Libya return to their previous level of trade and economic cooperation and capitalize on the current relations?

Evgeny Primakov, General Director, Russian Humanitarian Mission

Mikhail Bogdanov, Deputy Minister of Foreign Affairs of the Russian Federation; Special Presidential Representative for the Middle East and Africa
Lev Dengov, Chairman of the Board, "Russian-Libyan Trade House" Trade Organization
Vasily Kuznetsov, Head, Center for Arab and Islamic Studies of the Institute of Oriental Studies of the Russian Academy of Sciences (IAS RAS)
Zuhir A. A. Mahmud, Advisor to the Vice Premier of the Government of National Accord of Libya
Mohamed Taher Syala, Minister of Foreign Affairs of the Government of National Accord of Libya