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Ministry of Economy and Trade bans all retail and wholesale commercial activity by non-Libyans

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The Minister of Economy and Trade issued Resolution No. 508 of 2022 yesterday which prohibits the practice of all retail or wholesale commercial activities by non-Libyans.

The Municipal Guard offices, labour inspection offices and all the control authorities are to take legal measures for violations, in particular for practice of the following by foreigners:

  1. Sale and purchase transactions, whether directly or on behalf of others.
  2. The rent bakeries and shops for themselves.
  3. Carrying out real estate brokerage.