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View All Result Friday, October 31, 2025 Advertising Advertising Login Register SUBSCRIBE Advertising Login Register No Result View All Result No Result View All Result Tripoli government relents to pressure from small business – suspends decision 42/2025 restricting imports to those paid for by banking transactions bySami Zaptia October 31, 2025 Reading Time: 3 mins read (Logo: Libyan Customs Authority). Further to recent meetings and demonstrations by small importers in Misrata and Tripoli, and their meeting with Naji Issa, the Governor of the Central Bank of Libya (CBL), and a meeting at the Cabinet Office under the chairmanship of the Financial Advisor to the Prime Minister, Mohammed Al-Shahoubi, the Tripoli based Libyan government relented yesterday to these demands by suspending Economy Ministry decision 4/2025 that had stipulated that imports were only allowed into the country if they had been paid for by official local banking transactions. The government concession came in the form of the circulation to Chambers of Commerce and ports of a Customs Authority notification stating that ‘‘Based on the decision to suspend the implementation of Resolution No. (42) of 2025 regarding the prohibition of engaging in import and export activities except through banking operations approved by the Central Bank, it has been decided to extend the period of permission for the entry of goods and merchandise, and to grant permission for their release from all customs ports, in accordance with the controls and procedures previously in place, and in a manner that does not conflict with the applicable laws and legislation, until further notice’’. RELATED POSTS PM’s Financial Advisor Shahoubi holds meeting on lack of banking facilities for small importers – Tripoli Chamber calls for suspension of 42/2025 CBL meets protesting small importers – makes banking concessions to facilitate easier import of goods Tags: banking proceduresbanking transactionsCustoms Authorityimport importssmall business SMEs Related Posts Bosnia Herzegovina economic delegation meets several Libyan entities October 31, 2025 E-commerce taxation in Libya conference makes several recommendations October 31, 2025 PM Aldabaiba discusses commodity budget and mechanisms for implementing documentary credits October 31, 2025 Unified Services Window system for exports to be launched ‘‘to create real export statistics and data’’: LEDA October 31, 2025 PM’s Financial Advisor Shahoubi holds meeting on lack of banking facilities for small importers – Tripoli Chamber calls for suspension of 42/2025 October 30, 2025 Sirte Oil and Gas Company announces restart of production at Second methanol plant – First methanol plant to restart ‘‘in the coming days’’ October 30, 2025 PM Aldabaiba discusses commodity budget and mechanisms for implementing documentary credits E-commerce taxation in Libya conference makes several recommendations Top Stories Libya’s first AI system, LIBIGPT, launched in presence of Minister of Economy and Trade Libyan Development & Reconstruction Fund signs contracts for new Tobruk projects with Slovenian, French, Turkish, Italian, and Egyptian companies Sirte Gulf International Airport opened Tripoli government opens investigation to determine responsibilities and accountability for Misrata clashes between its own forces Chinese Chargé d’affaires to begin work at embassy in Tripoli mid-November – opening direct cargo flights, holding Libyan Chinese Economic Forum before year end discussed ADVERTISEMENT No Result View All Result Login Sign Up Advertising BusinessEye Magazine Why subscribe? © 2022 LibyaHerald - Powered by Sparx Solutions. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
