Egyptian PM Madbouly Visits Beirut, Urges Tangible Economic Cooperation with Lebanon
Discussions Focus on Boosting Trade and Investment Between Cairo and Beirut
Dr. Mostafa Madbouly, the Egyptian Prime Minister, stated Egypt’s government is open to working with Lebanese businessmen, investors, and the Lebanese government. This aims to activate practical cooperation mechanisms. These mechanisms include joint committees, business forums, and permanent communication platforms for investors. The goal is to ensure a transition from good intentions to concrete projects.
The Prime Minister, speaking at a press conference today, highlighted the success of Egypt’s new cities and the New Administrative Capital. These projects have created millions of job opportunities. He also noted a strong presence of Lebanese investments in Egypt. Madbouly emphasized that strengthening economic cooperation between Egypt and Lebanon is now a necessity. Significant opportunities exist to increase trade exchange between the two countries.
Dr. Mostafa Madbouly, the Egyptian Prime Minister, began an important official visit to Beirut, the Lebanese capital. He started his visit by holding extensive discussions. A working meeting followed with Lebanese economic bodies and chambers of commerce and industry. These engagements took place as part of efforts to enhance joint economic cooperation between the two sisterly nations. [Learn more about Egypt-Lebanon economic relations](https://www.reuters.com/markets/egypt-lebanon-economic-ties-2023-11-28/)
During a joint press conference with his Lebanese counterpart, Dr. Nawaf Salam, Dr. Mostafa Madbouly expressed his happiness to visit Beirut. He affirmed that Beirut holds a special place in the hearts of Egyptians. Madbouly indicated the visit reflects the deep historical and fraternal ties between Egypt and Lebanon.
