In Libya, Turkey and New Technologies to Make Business Association

In Libya, Turkey and New Technologies to Make Business Association
In Libya, Turkey and New Technologies to Make Business Association

Turkey and Libya will cooperate in new technology. A goodwill agreement was signed between the Ministry of Industry and Technology and the Libyan Central Bank to increase investment, entrepreneurship and technological cooperation. With the agreement, it will develop concrete projects in areas such as economy, technology and entrepreneurship.


Industry and Technology Minister Mustafa Varank stated that the two countries face many threats in economic, political and military fields, and said, "We are fighting together with Libya against these threats, some of which are common." said.

Minister Varank met with Libyan Central Bank Governor Saddek Elkaber and his delegation in Istanbul.

ROOTED TIES

Commenting to reporters before talks Varank, Turkey and that a bond of brotherhood rooted in history from Libya, the recent re deepening of ties between the two countries, he said.

SINCERELY RELATIONSHIP

Stating that there is a much more intimate relationship between the two countries contrary to the mutual benefit approach that dominates international relations, Varank continued:

FIGHT TOGETHER

Our countries face many threats in economic, political and military fields. We are fighting with Libya against these common threats. It is possible to put our struggle on a more solid basis and to move our cooperation to the upper steps in every field. You know, we have developed this in the political and military field for a while.

COOPERATION PROTOCOL

Now, we have a goal to move forward with concrete projects in economy, technology, entrepreneurship and other humanities. For exactly this purpose, we will sign a cooperation protocol with the Libyan Central Bank today. We will undertake joint projects in the fields of investments, entrepreneurship and technology development.

WHAT TO DO

We will contribute to the development of the entrepreneurship ecosystem in Libya, we will improve the technological capacity and depth of financial services, we will work together on the usage areas of new technologies in the financial system, we will conduct research and development studies in the regulation of financial technologies, and we will establish technology workshops for young people, taking into account local needs.

NEW STEPS

At this point, the training content and scope of the Deneyap Technology Workshops, which we successfully run in our country, will be guiding. In the upcoming days, we will take steps towards mutual cooperation, especially in terms of establishing venture capital funds to support technology-oriented initiatives or investing in funds in our country.

HONEYLY OLSUN

Varank, wishing that the cooperation protocol they will sign at the end of his speech will have beneficial results for both sides, "We will continue to work together for the welfare, peace and economic development of our Libyan brothers." said.

BANKING SYSTEM

Libyan Central Bank President Saddek Elkab, said they closely follow Turkey's banking system, the level that Turkey has come in the banking sector, he said that the race is level with the banking system in developed countries.

CAPACITY INCREASE

Elkab that is based on a long history of relations between Turkey and Libya, "the Central Bank of Libya and support needs as well as capacity building. The Libyan Central Bank and the existing banking system in Libya need a capacity increase. We welcome the establishment of youth technology centers in Libya. I would like to say that we also need training centers for our human resources in the financial field. " he spoke.

GOODWILL AGREEMENT

Following the statements, Minister Varank and Libyan Central Bank President Elkaber signed a goodwill agreement between the Ministry of Industry and Technology and the Libyan Central Bank to increase investment, entrepreneurship and technological cooperation.



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