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Home > Agenda Med > Libya - United Kingdom : Multi-Sector Trade Mission to Libya (cancelled) 
Libya - United Kingdom : Multi-Sector Trade Mission to Libya (cancelled)
The Middle East Association (MEA) has announced that it will be taking a Multi-Sector Trade Mission to Libya.
While most of the global economy is trying to recover from recession, Libya is enjoying rapid growth and boom. Libya also promotes trade relations between Africa, Europe, and the Arab world. Tripoli hosted two major international events this year: the Afro-Arab summit and the AU-EU Summit.
Bilateral trade between Libya and the UK reached £1.5 billion last year and Libya continues to offer long-term prospects for British exporters. Sectors
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The Invest in Med programme aims at developing sustainable trade relationships, investments and enterprise partnerships between the two rims of the Mediterranean. Funded at 75% by the European Union over the 2008-2011 period, it is implemented by the MedAlliance consortium, which associates economic development organisations (ANIMA, leader of the programme), CCIs (ASCAME, EUROCHAMBRES), and business federations (BUSINESSMED). The members of these networks, as well as their special partners (UNIDO, GTZ, EPA Euroméditerranée, World Bank, etc.), gather a thousand of economic actors - mobilised through pilot initiatives centered on key Mediterranean promising niches. Each year, a hundred operations associate the 27 countries of the European Union and 9 Mediterranean partner countries: Algeria, Egypt, Israel, Jordan, Lebanon, Morocco, Palestinian Authority, Syria and Tunisia.