Lebanon’s President Seeks to Resume $3-Billion Military Grant from Saudi Arabia

Lebanon’s President Joseph Aoun will visit Saudi Arabia to request a $3-billion military aid resumption, which was suspended in 2016. Aoun aims to improve relations with Saudi officials, highlighting the need for foreign support amid Lebanon’s reconstruction efforts following recent conflicts. He committed to implementing necessary economic reforms to secure this assistance.

Lebanon’s President, Joseph Aoun, is set to visit Saudi Arabia next week, where he will request the resumption of a $3-billion grant intended for the Lebanese army. During an interview with Asharq television, Aoun mentioned that he will meet with Saudi Crown Prince Mohammed bin Salman, marking his inaugural trip abroad since taking office on January 9. He plans to ask Saudi officials about reactivating the aid package, which was put on hold in 2016 due to Lebanon’s failure to denounce attacks on Saudi diplomatic sites in Iran.

Historically, Saudi Arabia has invested significantly in Lebanon, aiding in the country’s redevelopment following events like the 2006 war between Hezbollah and Israel. However, as Hezbollah’s influence grew, supported by Iran, Saudi investments diminished. Aoun expressed hope that recent geopolitical shifts could help improve relations between Lebanon and Saudi Arabia, emphasizing the mutual benefits of rekindling ties. He remarked, “I hope and I await from Saudi Arabia – and especially the Crown Prince – to correct the relationship in the interests of both countries.”

In light of extensive reconstruction needs due to recent Israeli military actions, Lebanese officials underscore that any foreign assistance, particularly from Gulf nations, hinges on the implementation of crucial financial reforms within Lebanon. President Aoun assured that the Lebanese government is committed to such reforms, while expressing optimism that reconstruction aid will be gradual, allowing for the return of displaced citizens from devastated southern towns.

In summary, President Joseph Aoun of Lebanon is actively seeking the revival of a $3-billion military grant from Saudi Arabia during his upcoming visit to the kingdom. This plea arises in the context of Lebanon’s need for foreign assistance amid a challenging economic landscape, with Aoun expressing a commitment to essential reforms and hoping to restore fruitful bilateral relations with Saudi Arabia. The outcome of these discussions may significantly impact Lebanon’s reconstruction efforts and political stability.

Original Source: www.hindustantimes.com

About Ravi Patel

Ravi Patel is a dedicated journalist who has spent nearly fifteen years reporting on economic and environmental issues. He graduated from the University of Chicago and has worked for an array of nationally acclaimed magazines and online platforms. Ravi’s investigative pieces are known for their thorough research and clarity, making intricate subjects accessible to a broad audience. His belief in responsible journalism drives him to seek the truth and present it with precision.

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