Minister of Economy and Trade Raed Khoury urged the Lebanese, during the closing session of the Lebanese Diaspora Energy Conference to invest in their unity for the homeland lies in the hands of all resident and expatriate Lebanese.Read in Arabic
Minister of Economy and Trade Raed Khoury urged the Lebanese, during the closing session of the Lebanese Diaspora Energy Conference, to "invest in their unity, for the homeland lies in the hands of all resident and expatriate Lebanese."
The Minister also praised the success of the conference despite all the challenges, stating that “participants came from all over the African continent” thanking them for “participating given that this conference is of great interest for Lebanon at all levels”.
As for the protestants who boycotted the conference, the Minister saluted them stating that “we understand the circumstances leading to this decision, knowing that the majority of them know deep inside the importance of participating in such conference for it represents Lebanon and not the Free Patriotic Movement”.
In this regard, Khoury stressed that “As a government, we made an economic plan for comprehensive economic plan in Lebanon that is worth 15 billion dollars which would help open the doors for investments that will form a qualitative economic leap in parallel with wealths and capacities. Moreover, we are working hard to enhance the infrastructures and set up the 2018 budget which will include many reforms in order to reduce waste. Thus, the Government is totally aware that the said budget will be controlled”.
Furthermore, the Lebanese Diaspora Energy Conference for the African continent 2018 approved, in its closing session held in Abidjan - Ivory Coast, recommendations at the end of the four forums that dealt with economic affairs and investment opportunities available throughout the African Continent in addition to the need to maintain the lebanese identity through the Acquisition of Citizenship Act as well as to maintain the Arabic language through Lebanese schools abroad, spreading the Lebanese culture, art and taste.
Moreover, among the conference's recommendations was the launching of a Lebanese-African business forum that will allow for capacity building and developing a strategy to support Lebanese investments in Africa. Also, it called for the formation of a committee specialized in the marketing of Lebanese products in Africa, which would include the Ministries of Foreign Affairs, Economy, Agriculture and Industry. The conference also shed light on capitalizing cultural and fraternal relations with African countries as a step towards improving bilateral economic relations, proposing to form a ministerial-diplomatic committee through which business executives can work to activate trade agreements signed between Lebanon and North African countries. Additionally, such a committee can work to establish business associations and chambers of commerce and industry between Lebanon and African countries.
These recommendations were approved during the following four forums:
The first forum “West Africa… the Investment Opportunities & banking initiatives”
The second forum “North Africa … capitalization of the cultural and brotherly relations in order to boost the economic relations"
The third forum “Central, Eastern and South Africa…Bridge-building”
The fourth forum “Being Lebanese…. a life style”
At the end of the conference, participants were awarded appreciation trophies.
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