The Central Bank of Libya told our source exclusively: We have coordinated with the Ministry of Economy on implementing a package of measures to regulate the import process, including a ban on imports unless conducted through banking procedures, now in effect. This aims to support small traders and ensure the smooth flow of goods with the Chinese market.
The Central Bank added: We will issue new measures to enable suppliers to make direct transfers to the Chinese market, under conditions and regulations that ensure transfers are used for their intended purposes.
