#Kerry: The US is Committed to Making #Libyan Economy Attractive to Foreign Investment

Washington-- America is committed to establishing economic partnership and to help in creating the necessary conditions that make Libya an attractive destination for foreign investment. Speaking at a joint press conference on Wednesday with Prime Minister Ali Zidan, US Secretary of State John Kerry said Libya has a great potential to win the future and that America believes in that. Mr. Kerry said “Libya is a country that can win this future, and we believe in that.” He stressed that “in terms of our economic partnership, the United States wants to create an economic environment in Libya that will spur outside investment and foster entrepreneurship.” “We’re encouraging American businesses to take a look at Libya and to work to promote the kind of stability that will make investment in Libya even more attractive,” Mr. Kerry stressed. But he also said that Libya’s long-term prosperity will depend on creating greater opportunities to all citizens and on an open economy and society. Mr. Kerry said despite the difficulties of the current transition period and the challenges Libya is facing, the country has “wonderful assets” including “great, intelligent people, not that big a population, and wealth through the oil resources.”    tripolipost