Lebanon’s President Aoun to Request Resumption of $3-Billion Saudi Military Aid
Lebanon’s President Joseph Aoun will seek to secure a $3-billion military aid package from Saudi Arabia during his visit next week. This grant has been on hold since 2016 due to geopolitical tensions. Aoun aims to strengthen bilateral relations and is committed to pursuing essential financial reforms to facilitate potential assistance for reconstruction efforts in Lebanon.
Lebanon’s President Joseph Aoun intends to request Saudi Arabia to reinstate a $3-billion aid package for the Lebanese army during his upcoming visit to the kingdom next week. In an interview with Asharq television, President Aoun articulated his desire to inquire if it is feasible for Riyadh to reactivate this grant, which has been suspended since 2016 due to Lebanon’s failure to denounce the attacks on Saudi diplomatic missions in Iran.
Prior to his presidency, which began on January 9, Aoun commanded Lebanon’s army. He is scheduled to meet Saudi Crown Prince Mohammed bin Salman on Monday, marking his first international trip. Historically, Saudi Arabia has invested billions in Lebanon, including funds for the central bank and assistance in rebuilding southern Lebanon post the 2006 conflict with Israel, while also supporting several Lebanese political figures, amid the rising influence of Hezbollah with Iranian backing.
Nevertheless, geopolitical dynamics have shifted dramatically in recent months. Significant conflicts have escalated, including Israeli attacks on Hezbollah and the downfall of Hezbollah’s Syrian ally, Bashar al-Assad, in December. President Aoun expressed hope for a restoration of relations with Saudi Arabia, emphasizing the mutual benefits that improved economic and political ties could yield for both nations.
Lebanon confronts daunting reconstruction costs following extensive Israeli airstrikes over the past year. However, local officials and diplomats suggest that potential support from foreign entities, particularly from Gulf states, hinges on the implementation of essential financial reforms by Beirut. While Aoun reaffirmed Lebanon’s commitment to these reforms, he advocated for a gradual influx of reconstruction assistance to facilitate the return of displaced Lebanese to their homes in the devastated southern regions.
In conclusion, President Joseph Aoun’s visit to Saudi Arabia underscores Lebanon’s urgent request for the reinstatement of a suspended $3-billion military aid package. As Lebanon navigates its post-conflict reconstruction, strong ties with Saudi Arabia could foster vital economic and political support. Nevertheless, the success of these appeals is closely tied to Lebanon’s resolve to implement necessary financial reforms.
Original Source: www.hindustantimes.com
