Egyptian-Lebanese Committee to Discuss Political, Economic Cooperation

Published May 17th, 2000 - 02:00 GMT

The High Egyptian-Lebanese Committee's summit, due on Wednesday, will primarily focus on political cooperation as the region readied itself for the Israeli pullout, Lebanon’s Economy Minister Nasser Saidi told the Daily Star on Tuesday.  

The committee, which oversees agreements and protocols between the two countries, will meet in Beirut, according to the Lebanese English daily. 

Prime Minister Salim Hoss and his Egyptian counterpart, Atef Obeid, due to arrive on Wednesday for an official three-day visit, will preside over the Committee's opening meeting.  

Saidi said the conference would also target tourism, trade and other fields in which the countries could cooperate.  

Saidi pointed out that the Lebanese and Egyptian economies have much in common and outlined fields where Lebanese-Egyptian ties could boost, such as power, trade, copyrights, World Trade Organization membership and the European Union-Mediterranean partnership agreements.  

He also argued, in a meeting co-chaired by Egyptian Minister for Planning Ahmad al-Darash, that Arab trade ties needed to be strengthened to combat challenges from regional blocks such as the EU and the WTO.  

"Arab states are in dire need of unity because we can no longer sidestep nor delay setting up a viable regional block capable of confronting global challenges," Saidi said.  

"It is therefore imperative that we speed up liberalizing inter-Arab trade in order to move into the international markets," he told the paper – Albawaba.com 

 

© 2000 Al Bawaba (www.albawaba.com)

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