Lebanon, Iran sign $100 million loan agreement
Lebanon signed with Iran a $100-million financial accord to provide Lebanese banks financial facilities to increase trade between the two countries trough the import of Iranian products.
The help will also fund various projects in Lebanon, mainly to rebuild the devastated south after 22 years of Israeli occupation. The financial protocol is meant to help fund projects related to infrastructure, tourism, cooperatives, agriculture, trade, air transport, industry, tobacco growing and assistance for the south.
Lebanon and Gabon signed a series of bilateral accords to boost economic ties between the two countries during a four-day visit by Prime Minister Jean-Francois Emane to Beirut. The accords are meant to increase economic cooperation, air transport, trade and tourism, and encourage and protect investments as well as abolish double-taxation. — ( Lebanon Invest )
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