Turkey, Libya sign agreement for cooperation

Turkey and Libya have signed a memorandum of understanding, or MoU, for cooperation in industry and technology. The MoU was penned during a visit by Turkish Science, Industry and Technology Minister Nihat Ergun in Libya on the sidelines of the second edition of Turkish-Arab Industry Cooperation Conference in Benghazi. Ergun said the agreement would allow for the preparation of a strategy document and an action plan, creating financial support devices for small and medium scale enterprises as well as setting up industrial zones and technology parks.         Ergun said Turkey was ready to share its experiences with Libya in industrialization, adding that an environment should be created where both countries would win.