2010-02-01
Libyan legislators approved a law setting up a free trade zone on the Mediterranean coast, Reuters quoted Moamer Kadhafi's son Saadi as saying on Sunday (January 31st). Through facilitating the free movement of capital and goods, the zone aims to promote investments in sectors other than energy. Investors will reportedly receive tax exemptions for ten years. The new zone will also have its own stock exchange.
Source: Magharebia.com
Link: http://magharebia.com/en_GB/articles/awi/newsbriefs/general/2010/02/01/newsbrief-06.
Libyan legislators approved a law setting up a free trade zone on the Mediterranean coast, Reuters quoted Moamer Kadhafi's son Saadi as saying on Sunday (January 31st). Through facilitating the free movement of capital and goods, the zone aims to promote investments in sectors other than energy. Investors will reportedly receive tax exemptions for ten years. The new zone will also have its own stock exchange.
Source: Magharebia.com
Link: http://magharebia.com/en_GB/articles/awi/newsbriefs/general/2010/02/01/newsbrief-06.
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