Saudi Crown Prince and Lebanese President Discuss Economic Recovery and Sovereignty

Lebanese President Joseph Aoun and Saudi Crown Prince Mohammad bin Salman convened on March 4 to discuss economic recovery, state sovereignty, and the withdrawal of Israeli troops from Lebanon. They stressed the importance of implementing international resolutions and began addressing obstacles to Lebanese exports and Saudi tourism. The discussions come amid ongoing economic crises and the aftermath of the recent conflict with Israel, highlighting the need for reconstruction support.

On March 4, Lebanese President Joseph Aoun and Saudi Crown Prince Mohammad bin Salman (MbS) issued a joint statement following discussions in Riyadh. The leaders emphasized the necessity of adhering to international resolutions and restoring Lebanese sovereignty throughout the nation. They also highlighted the importance of consolidating weapons solely under the Lebanese state and endorsed the critical role of the Lebanese army in the face of external pressures.

The conversation extended to Lebanon’s economic revitalization, where Aoun and MbS recognized the urgent need for reform in accordance with transparency principles and established laws. They identified the barriers impeding the resumption of Lebanese exports to Saudi Arabia and explored procedures to facilitate Saudi tourist visits to Lebanon, especially after the diplomatic tensions that arose in 2021.

Lebanon has grappled with a profound economic downturn since its financial collapse in 2019, which resulted in currency devaluation and widespread loss of citizen savings. The situation has been exacerbated by the recent Israeli conflict that intensified in October 2023, leading to significant infrastructure damage and increasing concerns regarding reconstruction efforts. Reportedly, Saudi Arabia has signaled a willingness to aid reconstruction but insists on stringent oversight for any financial assistance.

In light of ongoing tensions, Hezbollah has initiated its reconstruction efforts in areas devastated by the conflict, particularly in southern Beirut and Lebanon. Despite a ceasefire intending to withdraw Israeli forces, violations persist as the Israeli army maintains occupations in various southern regions, contradicting UN Resolution 1701. President Aoun and Lebanon’s new Prime Minister Nawaf Salam continue to cultivate their strong connections with Saudi Arabia, as Aoun has historically maintained close ties, especially during his command of the Lebanese Armed Forces.

In summary, the recent meetings between Lebanese President Joseph Aoun and Saudi Crown Prince Mohammad bin Salman focused on critical issues such as economic recovery, sovereignty, and the withdrawal of Israeli forces from Lebanese territories. Both leaders expressed a commitment to implementing essential reforms while discussing the urgent need for humanitarian and economic support for Lebanon in the face of significant challenges. The partnership appears to be a pivotal factor in Lebanon’s efforts towards restoration and stability.

Original Source: thecradle.co

About Sofia Nawab

Sofia Nawab is a talented feature writer known for her in-depth profiles and human-interest stories. After obtaining her journalism degree from the University of London, she honed her craft for over a decade at various top-tier publications. Sofia has a unique gift for capturing the essence of the human experience through her writing, and her work often spans cultural and social topics.

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