Rampling, Itani talk economic cooperation prospects with IDAL

Head of the Investment Development Authority of Lebanon, Nabil Itani, on Firday met at IDAL's headquarters with the British Ambassador to Lebanon, Chris Rampling, with whom he discussed means of enhancing economic cooperation and the bilateral relations between Lebanon and the United Kingdom.

The meeting touched on the historic relations between the two countries, with both sides underlining the importance of "intensifying this cooperation through mutual visits and missions between the two countries."

Both sides also discussed prospects of cooperation in light of devising a new trade agreement within Brexit, taking into account the specifications of the Lebanese and British economies.

Itani highlighted Lebanon's key role it can play in the Middle East as a platform for business, briefing Rampling on IDAL's tasks and services it offers to investors.

Itani also pointed out that cooperation prospects with the UK can encompass several areas, especially in information and communication technology (ICT) sector, in light of the significant expertise of the United Kingdom in this context.

Ambassador Rampling, for his part, said that Lebanon's openness feature constitutes an important basis for strengthening economic relations, especially investment between the two countries.

"This visit paves the way for enhancing bilateral relations and activating them," Rampling said, highlighting the importance of further missions and visits to be organized, in a bid to explore business opportunities and increase trading volume between the two countries.

Source: National News Agency