RIYADH: In preparation for a high-level visit to cement commercial ties with Saudi Arabia next month, Lebanon has completed the final drafts of 22 cooperation agreements. Lebanese Deputy Prime Minister Tarek Mitri told Asharq that President Joseph Aoun, Prime Minister Nawaf Salam, or both might lead the trip. President Aoun’s first foreign travel since assuming office took place on March 3, when he was visited by Saudi Crown Prince Mohammed bin Salman at the Royal Court in Al-Yamamah Palace. During their meeting, they talked about the current conflict in Lebanon and regional events.
The accords, which address everything from intellectual property to agriculture, are thought to be essential to obtaining more extensive foreign assistance for Lebanon’s faltering economy. Mitri emphasized that Saudi Arabia’s backing is essential to securing additional foreign funding, saying, “This is a legitimate approach, and we must earn the trust of Arab nations and the international community.” The 22 agreements are finished and prepared for signatures, he affirmed.
Aoun had stated upon his arrival that he hoped his discussions with the crown prince would open the door to a follow-up visit to sign agreements meant to deepen the two countries’ collaboration. Rabih El-Amine, chairman of the Lebanese Executives Council, told Arab News earlier this month that the agreements span a wide range of industries, including water resources, agriculture, and intellectual property, consumer protection, and environmental management.
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