Salam meets with Saudi Minister of Commerce: The Kingdom is making every effort to help Lebanon

  • Date: 20-May-2023
  • Source: National News Agency - Lebanon
  • Sector:Retail
  • Country:Saudi Arabia
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Salam meets with Saudi Minister of Commerce: The Kingdom is making every effort to help Lebanon

NNA - Saudi Minister of Commerce, Majid bin Abdullah Al-Qasabi, received today Caretaker Minister of Economy and Trade, Amin Salam, where talks touched on the future of bilateral relations, particularly in terms of trade and investment between Lebanon and Saudi Arabia.

Salam disclosed that discussions also touched on ldquo;reactivating commercial activity between the Kingdom and Lebanon, especially import and export, in a bilateral trade initiative that not only restores trade exchange to its previous state, but also aspires to strengthen and develop it and expand in new sectors that keep pace with economic developments in various fields, most importantly in technology, transformative, food and pharmaceutical industries, as part of the initiative of the Ministry of Economy and Trade, entitled lsquo;The New Identity of the National Economy - Innovation and Knowledge Economyquot;, which will constitute a quantum leap for Lebanonrsquo;s economy, trade and investment.rdquo;

Following a series of meetings with the relevant ministers, Salam strongly affirmed that ldquo;the Kingdom is making every effort to help Lebanon, provided that it adheres to what it promised, in terms of exerting efforts to limit the smuggling of narcotic substances into the Kingdom, accomplishing the required reforms, and enhancing confidence in the Lebanese economy.rdquo;

He added: ldquo;We agreed