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Libya: A Guide to Commercial Law, Banking Law and Accounting
Global Market Briefings (GMB Publishing Ltd), Jan 2008, Pages: 148
Aimed at Libya's potential foreign investors and trading partners, this is the first authoritative progress report on legal reforms instituted in Libya since the lifting of the trade embargo. In recent years, the lack of suitable legal and financial framework in Libya has deterred foreign investment. The Libyan government has now demonstrated its commitment to reform and to attracting foreign investment to increase oil production capacity and to diversify the economy. Initiatives such as Law No 5 have encouraged investment in the agricultural, services, healthcare and industrial sectors and Law No 7 in the tourism sector. Written by leading Libyan attorneys Mukhtar-Kelbash & Elgharabli and international law firm Eversheds, and with contributions from banking and accounting professionals in Libya, this important book provides an authoritative review of the commercial law, banking law and accounting practices in Libya.
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