Tag Archive for: Additional cost not acceptable

Recently, reports from Libya say that the Central Bank of Libya (CBL) has recently begun to allow the opening of credit for many sectors. As previously known, only Medicine allowed the opening of an letter of credit for the import of goods, such as basic food. In the coming days, orders from Libya and, accordingly, the credits to be opened to exporters in Turkey are expected to increase. In this article, we will try to explain both what to pay attention to in an letter of credit, and what to pay attention to in the letters of credit opened in the Libyan special.