13-05-2025
Lebanon: Opening a new page of investment, trade rapprochement with Iraq
INA – BAGHDAD
Lebanese Minister of Economy and Trade, Amer Bisat, affirmed on Tuesday, on the sidelines of the meeting of the Economic and Social Council of the Arab Summit, that efforts are underway to activate the joint committee between Iraq and Lebanon as well as open a new page of trade rapprochement between the two countries.
The Lebanese Minister of Economy and Trade told the Iraqi News Agency - INA: "His country is working to activate the joint trade committee with Iraq and open a new page of investment and rapprochement between the two countries."
He added, "Iraq has always been a supporter of Lebanon in all circumstances and has never stopped assisting the Lebanese people in the most difficult circumstances."
"Cooperation with Iraq is witnessing new horizons today at the level of the private and government sectors, and we will work to activate the joint trade committee within the next few weeks," he pointed out.
In a related context, the Director General of Economy and Trade at the Lebanese Ministry of Economy and Trade, Muhammad Abu Haidar, addressed the most important issues presented on the agenda of the development summit on Tuesday, noting that Lebanon is actively participating in discussing projects that concern the future of the region.
Abu Haidar told INA: "There were many proposals from the Arabs presented during the Economic and Social Council, all of which are of high importance and aim to stimulate growth in light of the challenges facing the region in general."
"All officials demonstrated seriousness and interest during the discussion of economic and social issues," he said, adding that "Lebanon remains committed to its Arab affiliation," expressing his thanks to "the Arab countries, especially Iraq, for their continued support."
Regarding the Economic and Social Development Summit, Abu Haidar pointed to "the presence of projects related to sustainable development, artificial intelligence, technological development, water resources, school health, and activities aimed at stimulating economic growth."
He indicated that "these topics are currently under study in preparation for submitting them to the summit, which will be attended by Lebanese Prime Minister Nawaf Salameh."
