Egypt-Lebanon Trade Surpasses $1 Billion, Leaders Discuss Deeper Ties and Reconstruction

Dr. Mostafa Madbouly, Egypt’s Prime Minister, confirmed a consistent increase in trade volume between Egypt and Lebanon over the last four years. This bilateral trade surpassed $1 billion in 2024. Madbouly, however, stressed that these figures still fall short of both countries’ ambitions and existing potential.

Speaking at a press conference today, the Prime Minister identified a significant opportunity to boost trade further. He proposed two key strategies: removing procedural barriers and fostering direct partnerships between Egyptian and Lebanese companies. These actions aim to generate added value for both sides.

Madbouly also emphasized the critical importance of reconstruction efforts in Lebanon during the current phase. Urgent needs are particularly acute in South Lebanon. These demands span essential sectors including infrastructure, electricity, water, roads, and telecommunications.

This morning, Dr. Mostafa Madbouly, Egypt’s Prime Minister, and Dr. Nawaf Salam, Lebanon’s Prime Minister, co-chaired an extensive discussion session. The meeting took place at the Grand Serail in Beirut, the Lebanese capital. Discussions focused on several shared concerns, notably enhancing security, stability, and peace across all Lebanese territories. Strengthening economic cooperation in various fields was also a primary agenda item. For more details on regional economic ties, visit a reliable source.