Saudi to bolster trade with Lebanon after drug smuggling curbed
Saudi Arabia considers easing a ban on Lebanese imports after Lebanon showed progress in curbing drug smuggling and approved a Hezbollah disarmament plan, officials said.
- A delegation from Saudi Arabia will soon visit Lebanon to resolve the barriers hindering Lebanese exports to the Kingdom, following recent Lebanese efforts to curb drug smuggling.
- Ties have been strained because Iran-backed Hezbollah was weakened by last year's war with Israel, and Western and Arab states blame Syrian President Bashar al-Assad and Hezbollah for illicit drug production.
- The 2021 ban crushed parts of Lebanon's economy by blocking agricultural exports and worsening the fragile situation after Saudi Arabia cited Captagon smuggling.
- Easing controls would represent a first sign of progress, but Riyadh conditions this on disarming Hezbollah, while implementation faces logistical and security concerns amid civil strife fears.
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KSA to bolster trade with Lebanon after drug smuggling curbed
Saudi Arabia plans imminently to boost commercial ties with Lebanon after Lebanese authorities demonstrated "efficacy" in curbing drug smuggling to the kingdom over the past months, a senior Saudi official said on Thursday. Ties between Riyadh and Beirut have been strained for years due to the power of Iran-backed Hezbollah over Lebanese political and security affairs, but the kingdom sees an opening after the group was severely weakened by war …
Saudi Arabia and Lebanon: A New Era in Commercial Relations
Saudi Arabia and Lebanon: A New Era in Commercial Relations Saudi Arabia is poised to strengthen commercial ties with Lebanon following recent successes by Lebanese authorities in curbing drug smuggling into the kingdom. Relations between the two nations have long strained by Hezbollah's influence over Lebanon's affairs.Despite ongoing tensions, Riyadh perceives an opportunity to increase trade after war with Israel weakened Hezbollah last year.…
Saudi to bolster trade with Lebanon after drug smuggling curbed
Saudi Arabia plans imminently to boost commercial ties with Lebanon after Lebanese authorities demonstrated "efficacy" in curbing drug smuggling to the kingdom over the past months, a senior Saudi official said on Thursday.
The Prime Minister, Nawaf Salam, wrote: "Thank you, the Kingdom of Saudi Arabia, and its leadership, always keen on Lebanon's stability and prosperity, for today's good initiative in declaring readiness to take imminent steps to strengthen trade relations between our two countries and to lift obstacles to Lebanese exports." He added: We also highly value the Kingdom's appreciation for the efforts of the President of the Republic and the Lebanese…
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