Meeting between Economy Minister & ESCWA Executive Secretary to review trade policies for Lebanon

Meeting between Economy Minister & ESCWA Executive Secretary to review trade policies for Lebanon

NNA - The Ministry of Economy and Trade announced, in an issued statement on Saturday, that it is analyzing and reviewing, in cooperation with ESCWA, trade policies for Lebanon and bilateral and multilateral trade agreements, in collaboration with the relevant ministries.

In this context, a meeting was held on January 19, 2023, attended by Caretaker Minister of Economy and Trade, Amin Salam, and the Secretary Executive Director of the Economic and Social Commission for Western Asia (ESCWA), Dr. Rola Dashti, in the presence of senior officials from the Ministries of Economy, Trade, Industry, Agriculture and Finance in the ESCWA building in central Beirut.

It was decided to form a technical committee to submit proposals for what should be amended to these agreements, in addition to issuing recommendations in the field of restructuring customs duties.

Minister Salam stressed "the need to work seriously to develop policies that are compatible with the current stage at the local and regional levels, and to advance the Lebanese economy from an economy that relies on imports to a diversified and competitive economy capable of exporting and attracting foreign."

He added: "Despite the different trends and opinions, everyone agrees that the time has come not only to develop trade agreements