Egyptian investments in Libya will witness positive developments in the near future due to political developments following the overthrow of Muammar Gadhafi, said the head of the Egyptian-Libyan Investments Assembly. Nasser Baian told Youm7 that the Libyan economy could absorb large Arab and Egyptian investments, especially since Libya depends on importing food and other commodities. He added that the former regime linked the economy to politics, so investments were related to political considerations and Libyan foreign policy. According to Baian, Libyan investors are in Egypt waiting for positive developments before they reinvest capital in Libya.
