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Hundreds of millions of export dollars for Lebanon to reclaim with Saudi Arabia

Riyadh was still the third largest export market before their complete interruption starting in 2021.

Hundreds of millions of export dollars for Lebanon to reclaim with Saudi Arabia

A photomontage of the Saudi and Lebanese flags. Illustrative photo by Anastasiya Guseva/Bigstock.

Beirut is preparing to open a new chapter in its relations with Gulf countries following President Joseph Aoun's visit to Saudi Arabia yesterday. This marks the end of more than a decade of diplomatic coldness, which has proven particularly damaging to Lebanon's economy, even before the 2019 crisis.“The two sides have agreed to address obstacles to the resumption of Lebanon's exports to Saudi Arabia and the necessary procedures to allow Saudi citizens to travel to Lebanon,” according to an official statement following Aoun's meeting with Crown Prince Mohammad bin Salman. This step signals the reactivation of 22 bilateral agreements — frozen since 2017 — covering sectors such as finance, agriculture and security. These agreements are expected to be revived during Prime Minister Nawaf Salam's upcoming visit to Saudi...
Beirut is preparing to open a new chapter in its relations with Gulf countries following President Joseph Aoun's visit to Saudi Arabia yesterday. This marks the end of more than a decade of diplomatic coldness, which has proven particularly damaging to Lebanon's economy, even before the 2019 crisis.“The two sides have agreed to address obstacles to the resumption of Lebanon's exports to Saudi Arabia and the necessary procedures to allow Saudi citizens to travel to Lebanon,” according to an official statement following Aoun's meeting with Crown Prince Mohammad bin Salman. This step signals the reactivation of 22 bilateral agreements — frozen since 2017 — covering sectors such as finance, agriculture and security. These agreements are expected to be revived during Prime Minister Nawaf Salam's upcoming visit to...
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