About the Libyan British Business Council (LBBC)
The LBBC was established in 2004 to promote business relations and commercial activity between the British and Libyan business communities. We achieve this primarily through the provision of trade development initiatives and networking opportunities for our Council and Corporate Members, which include some of the UK’s leading corporations and represent every major industrial sector.
The LBBC team includes former British Ambassadors to Tripoli, UK-based Libyan professionals, and company directors with specialist knowledge of general trading conditions and specific market sectors within Libya.We work with the British and Libyan authorities and with other key public and private sector organisations in the two countries to monitor political and economic developments and to support bilateral trade and investment activity.Some of the LBBC’s traditional activities in support of trade and investment between the UK and Libya have, since 2014, been curtailed due to the intensification of internal divisions and conflict. These will resume when unity and stability are restored. But in the meantime, we have maintained our strong commitment to the bilateral business relationship and we have continued to play an active and constructive role. In particular, we have continued to:
- Host monthly ‘Council Lunches’ – networking events at which key UK and Libyan figures speak on Chatham House lines to our members and other guests
- Lead trade missions to Malta and Tunis, where UK delegates have been able to meet and hear from representatives of the Libyan government, State enterprises and leading businesses.
- Engage the respective authorities on issues of concern to our members, such as government policy, business visas for Libyans, export credit, letters of credit, performance bonds and payment issues. We will continue to lobby on these matters and others as they come to the fore.
- Maintain an active Web presence, posting essential daily news updates, situation and security reports by risk advisory companies, a searchable members’ database, and privileged information about the commercial and political situation in Libya.
When stability and normal business are restored, the LBBC will resume the full range of its services to members, including its visa service.