Sunday, April 12, 2009

Libya offers $ 500 million plus 100,000 jobs:

President Mahinda Rajapaksa who was on a three day official visit to Libya returned to the island yesterday.

During the visit he met Libyan Head of State Colonel Muammar Gaddafi, Prime Minister Dr. Baghdadi Ali Al Mahmudi and other leaders. Besides the bilateral talks between the Sri Lankan delegation and the Libyan leaders President Rajapaksa also had a one-to-one meeting with Libyan Leader Colonel Muammar Gaddafi.

During the visit two MoUs were signed between Sri Lanka and Libya on political consultation and on economic cooperation between the two countries. In addition, another MoU was signed between the Sri Lanka Chamber of Commerce and its Libyan counterpart. Libya agreed to provide a financial co-operation package of US $ 500 million and 100, 000 job opportunities in Libya for Sri Lankans, mainly in construction, health services and information technology sectors.

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Libya open for Lankan businessmen