Caglayan holds contacts in Libya
Turkish Economy Minister Zafer Caglayan said that Libya has reopened its doors to Turkish businessmen following the revolution. Stating that health investments will be prioritized in Turkish contractors' half-finished investments in Libya, Caglayan said, "Turkish companies will start to work by completing the construction of 20 hospitals totaling $500 million. There will be no Turkish investment that remains unfinished in Libya." Caglayan also held contacts with Libya National Council President Moustapha Abduljalil, during which Caglayan said that Eximbank generated a credit resource totaling $2 billion to be used by companies abroad, doing business with Turkey. "As part of this credit, $500 million will be used in Tunis and $250 million in Libya. The remaining amount will be reserved for other countries. Thus a 10-year term credit will be given for the first time in Turkish history. If we had done this before, we would have further improved our machinery and equipment exports." Speaking in his part, Libyan Economy Minister Ahmed al-Kashli said, "Our relations will continue uninterruptedly. Therefore mutual contracts should be respected first. The previous agreements are valid."