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SALAM DISCUSSES ECONOMIC COOPERATION WITH HIS EGYPTIAN COUNTERPART

SALAM DISCUSSES ECONOMIC COOPERATION WITH HIS EGYPTIAN COUNTERPART

On the sidelines of the meetings of the League of Arab States in Cairo, Caretaker Minister of Economy and Trade Amin Salam held a meeting with the Egyptian Minister of Trade and Industry, Ahmad Samir, with talks touching on “ways to advance the level of joint economic cooperation and build on the brotherly relations that bind both countries by establishing real projects that are in the interest of the two brotherly peoples.”

Minister Salam indicated that a number of issues were tackled in terms of facilitating the movement of intra-trade between Lebanon and Egypt and facing the challenges that impede the flow of trade exchange between them, as there is constant communication between officials in both countries to overcome all obstacles in this regard.

The Egyptian Trade Minister referred to his country’s keenness to stand by the brotherly state of Lebanon and to meet the needs of the Lebanese market for various products, in which context he commissioned his ministry’s officials to coordinate with the Lebanese embassy in Cairo to discuss any obstacles and find urgent solutions to facilitate the flow of trade between the two countries.

In turn, Minister Salam stressed “the importance of Egypt’s pivotal role and its support to the Lebanese people on the political and humanitarian levels, whether during the Corona virus pandemic or the Beirut port explosion,” noting that “there are great opportunities to enhance trade and economic cooperation between the two countries, especially in light of the significant agreement in perspectives shared by officials in both countries to achieve a quantum leap in the level of joint trade and investment relations.”

Salam also pointed to “the importance of exchanging visits between businessmen in Lebanon and Egypt to identify available investment opportunities and work to open new horizons for commercial and industrial partnership,” inviting the Egyptian Minister of Trade and Industry to visit Lebanon at the head of a delegation of businessmen to discuss strengthening joint investment and economic relations.

Source: National News Agency