Lebanon’s President Aoun Seeks Reactivation of $3-Billion Saudi Aid Package
Lebanon’s President Joseph Aoun plans to meet Saudi Crown Prince Mohammed bin Salman to request the reactivation of a $3-billion military aid package. This aid was previously halted in 2016 due to political tensions. Aoun emphasizes the need for improved relations and pledges commitment to necessary financial reforms for foreign aid. Recent geopolitical shifts underscore the importance of this diplomatic visit for Lebanon’s reconstruction efforts.
BEIRUT (Reuters) – President Joseph Aoun of Lebanon is scheduled to visit Saudi Arabia next week, where he will request the revival of a $3-billion aid package for the Lebanese army. This initiative was originally halted in 2016 due to Lebanon’s failure to denounce attacks on Saudi diplomatic missions in Iran.
During his visit, which marks his first official trip abroad since his election on January 9, Aoun will meet with Saudi Crown Prince Mohammed bin Salman. Aoun expressed the hope that Riyadh would consider reactivating the grant to enhance the relationship between both nations, which have seen significant changes in the regional political landscape.
Historically, Saudi Arabia has invested heavily in Lebanon, funding the central bank and assisting in rebuilding efforts after the 2006 Hezbollah-Israel conflict. However, the strength of Hezbollah, bolstered by Iranian support, has led to a decline in Saudi influence within Lebanon.
In recent political developments, Israel has engaged in military actions against Hezbollah, while Syrian President Bashar al-Assad’s regime has been destabilized. Aoun emphasized the need for renewed economic and political cooperation between Lebanon and Saudi Arabia, expressing optimism for enhancing ties under the leadership of the Crown Prince.
As Lebanon grapples with reconstruction costs following Israeli assaults, Lebanese officials assert that foreign assistance, particularly from Gulf nations, is contingent upon the enactment of essential financial reforms. President Aoun reaffirmed Lebanon’s commitment to instituting these reforms while seeking incremental financial support for reconstruction to assist displaced Lebanese citizens in returning to their homes.
In summary, President Joseph Aoun’s upcoming visit to Saudi Arabia aims to discuss the reactivation of a crucial $3-billion military aid package for Lebanon. He anticipates strengthening Lebanon’s relationship with Saudi Arabia, recognizing the importance of economic and political reforms to secure foreign aid essential for rebuilding the country. The outcome of this diplomatic engagement could significantly influence Lebanon’s recovery efforts.
Original Source: www.usnews.com
