UK- Lebanon Association Council and economic cooperation agreement

UK- Lebanon Association Council and economic cooperation agreement

NNA - Lebanese Foreign Minister Abdallah Bou Habib hosted the first Council meeting of the UK-Lebanon Association Agreement in the headquarters of the Ministry of Foreign Affairs and Emigrants in Beirut, in the presence of the British Ambassador to Lebanon Ian Collard and Luciana Verda, Head of wider Middle East Trade Policy at the UK’s Department for International Trade. 

 

A statement by the British Embassy in Beirut said that Ambassador Collard and FM Bou Habib had fruitful discussions on the development of the bilateral economic partnership and trading relationship between the United Kingdom and Lebanon as both countries build on the Association Agreement that was signed in September 2019.

 

Collard and Bou Habib reaffirmed their vision of a Strategic Partnership to deepen the UK and Lebanon’s economic and security relations, strengthen their cultural ties, offer humanitarian support and backing to the Lebanese Army, in addition to helping each other build back better from the Covid-19 pandemic and sustaining economic resilience by contributing to Lebanon’s reform plan.

 

They expressed their shared ambition to expand the economic links between the two countries, including developing trade and investment, which despite the economic crisis has resulted in UK-Lebanon bilateral trade in goods and services reaching £547 million