EU Lebanon subcommittee focuses on enhancing trade relations

NNA – The 5th EU-Lebanon Subcommittee on Trade, Industry and Services convened today in Beirut to discuss ways to strengthen EU-Lebanon trade relations and industrial cooperation, and Lebanon’s private sector development. The subcommittee was chaired by the Directorate General for Trade of the European Commission and the Lebanese Ministry of Economy and Trade, and attended by European Union officials and representatives from Lebanese ministries.

The parties took stock of progress and deadlocks on various trade related issues, such as trade statistics, competitiveness and trade integration, Lebanon’s accession to the World Trade Organisation (WTO), technical regulations, and food safety. Industrial cooperation, enhancement of the competitiveness of the Lebanese services sector and EU private sector development programmes in Lebanon were also discussed. Ideas about the creation of a joint EU-Lebanon working group for trade facilitation were elaborated.

In her opening statement, Ambassador Christina Lassen, Head of the Delegation of the European Union to Lebanon, pointed out that the EU is attaching great importance to further facilitate EU-Lebanon trade. “We are prepared to provide more assistance to Lebanon to allow it to have better access to the EU market, in particular for agro-business products,” she said. Ambassador Lassen also highlighted that “the EU is encouraging Lebanon towards WTO membership and will support the country in the accession process.”

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