Lebanon’s government is set to sign 22 agreements with Saudi Arabia during President Aoun’s visit, aiming to enhance international support. Deputy Prime Minister Mitri acknowledged the need for reforms and transparency from Lebanon to gain the trust of donors. A World Bank report indicates that Lebanon requires $11 billion for recovery efforts. France has proposed hosting a conference to discuss further support, while there is a consensus on Syrian refugee repatriation as a priority topic.

The Lebanese government has completed preparations for over 20 cooperation agreements with Saudi Arabia, which President Joseph Aoun is anticipated to sign next month during his visit to the kingdom, as reported by News.Az based on foreign media sources. Deputy Prime Minister Tarek Mitri confirmed that a total of 22 agreements have been finalized for this purpose.

Deputy Prime Minister Mitri emphasized that support from Saudi Arabia marks a crucial initial step towards garnering international assistance for Lebanon. However, he noted the evolving stance of donors, now requiring Lebanon to implement reforms and demonstrate transparency as prerequisites for receiving aid. “This is legitimate, and we must earn the trust of Arab states and the international community,” he stated.

During a recent meeting at the Royal Court in Al-Yamamah Palace, Saudi Crown Prince Mohammed bin Salman and President Aoun discussed significant developments in Lebanon and regional efforts related to them, according to the Saudi Press Agency.

A World Bank report commissioned by the Lebanese government reveals that Lebanon requires approximately $11 billion to achieve recovery and reconstruction. The report estimates that between $3 billion and $5 billion is needed for infrastructure funding, whereas the private sector will need to invest between $6 billion and $8 billion in sectors such as housing, commerce, industry, and tourism.

Mitri also mentioned France’s willingness to host a conference dedicated to supporting Lebanon, indicating that the French have proposed organizing a preparatory meeting followed by a subsequent conference, or potentially combining both events at an unspecified time. Furthermore, he remarked on the Lebanese consensus, stating, “The first item in any Syrian-Lebanese dialogue will be the return of Syrian refugees to their country,” expressing widespread support among the Lebanese population to expedite the return of Syrian refugees to their homeland.

In summary, Lebanon is poised to enhance its relationship with Saudi Arabia through the signing of 22 agreements aimed at securing support for recovery and reconstruction efforts. With the international community now demanding reforms and accountability, Lebanon’s progress hinges on earning trust and securing private sector investments. Additionally, the potential French conference and the noted agreement on refugee return highlight key components of Lebanon’s strategy moving forward.

Original Source: news.az

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