Industry News
U.S., Libya Sign Trade and Investment Framework
Tweet05/20/2010
On May 20, 2010, the Office of the United States Trade Representative (USTR) and the Libyan General People’s Committee on Industry, Economy and Trade have signed a Trade and Investment Framework Agreement (TIFA). The TIFA will provide a forum to address trade issues and will help build trade and investment relations between the
The TIFA will establish a forum for discussion of our bilateral trade and investment relations and will help build those relations. The TIFA mandates the formation of a joint U.S.-Libya Council on Trade and Investment (“The Council”) which will address a wide range of trade and investment issues including market access, intellectual property, labor, and environmental issues. The Council will also help to increase commercial and investment opportunities by identifying and working to remove impediments to trade and investment flows between the
The TIFA is the latest step in a joint effort by the