Doing Business with Libya
Jonathan Wallace, Bill Wilkinson
Sterling, VA : Kogan Page, 2004 - Business & Economics - 250 pages
As a strategically positioned Arab country between Europe and Africa, Libya is increasingly drawing the attention of international business executives as opposed to critical political analysis. While relations between Libya and the international community declined during the 1980s and earlier 1990s, the suspension of United Nations sanctions has led to restoration of traditional ties with many foreign government and multinationals. Well known as an oil and gas industry superpower, the country has maintained commercial relations with international oil companies since the late 1950s, when it was one of the world's poorest countries. capita incomes in the developing world - around $US8000 per year. Libya's economic mainstay is still the oil and gas industry, dominated by foreign investors working in joint venture with Libyan-state entities: but the government increasingly pursues economic diversification. reader through developments in dealing with Libyan business and economy. It serves as an introduction to business procedures and practices prevailing in the country for both the executive and the entrepreneur looking to engage in either investment or trade with Libya. It offers expert analysis of the critical issues necessary for business success, including the laws of business, tax, accounting and the regulatory environment. It also considers the oil and gas industry, as well as the other prospective sectors of a diversified economy, and provides a thorough overview of the economic, investment related and political backgrounds to investing in, and trading with Libya.
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