Friday, June 26, 2026

Libyan Iron and Steel Company and Russia Discuss Industrial Cooperation

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Africazine:

Libya is exploring new industrial partnerships with Russia to enhance its manufacturing sector.

The Libyan Iron and Steel Company engaged in talks with a Russian delegation led by Ambassador Aydar Aghanin. The discussions aimed at strengthening industrial cooperation and leveraging the expertise of both nations.

Libyan Iron and Steel Company Hosts Russian Delegation

The meeting took place at the headquarters of the Libyan Iron and Steel Company. The Russian delegation included business leaders and representatives from various companies. They toured production facilities to assess Libya’s manufacturing capabilities.

During the visit, the Ambassador emphasized the advanced production facilities of the Libyan company. He noted their potential to foster stronger industrial partnerships with Russian firms.

Libya: Key figures on Economy

  • An amount was not specified

Expanding Cooperation Between Libya and Russia

Discussions centered on enhancing cooperation and utilizing the resources available to both Libya and Russia. The focus was on how both nations can benefit from shared expertise in the industrial sector.

Next Steps for Industrial Collaboration

  • Further discussions on specific partnership agreements
  • Potential follow-up visits by Russian business leaders

Libya is poised to strengthen its industrial capabilities through international partnerships.

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