The United Arab Emirates will lift a ban on its citizens travelling to Lebanon from Tuesday, UAE state news agency said on Monday.
This came during His Highness Sheikh Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, meeting with Saad Hariri, Prime Minister of Lebanon. Hariri is currently on a visit to participate in the second UAE-Lebanon Investment Forum in Abu Dhabi.
Sheikh Mohamed Bin Zayed and Hariri discussed bilateral relations and ways to enhance them across all levels, especially in the economic, investment and development domains in the best interest of the two fraternal countries.
They reviewed the latest Middle East, GCC, and Arab developments and their repercussions on regional and international security. They also tackled Arab, regional and global issues of mutual interest.
Saad Hariri takes a selfie with a participant at the UAE-Lebanon Investment Forum in Abu Dhabi. Reuters
Sheikh Mohamed emphasised that the UAE led by President His Highness Sheikh Khalifa Bin Zayed Al Nahyan is keen on boosting relations with Lebanon across various levels and to provide support to preserve its security and stability and fulfill the aspirations of its people to achieve development.
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Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, stated that the ties between the UAE and Lebanon are historic, adding that Lebanon has always been a country loved by the UAE and the Emirati people.
Al Mansouri made this statement during the second UAE-Lebanese Investment Conference, which he inaugurated today with Saad Al Hariri, Prime Minister of Lebanon, in Abu Dhabi.
Emirates jets queue up for takeoff at the Dubai International Airport.
The conference was organised by the Abu Dhabi Chamber of Commerce and Industry, in cooperation with the Ministry of Economy, with the participation of senior ministers, diplomatic corps and officials from the UAE and Lebanon representing various economic and development sectors.
"Over the past decades and years, Lebanon has provided the Arab region with some of the most prominent minds and talents in various fields of science, knowledge, literature, arts, management and the economy," Mansouri said during his speech.
An auto enthusiast performs drift stunts during a special motoring event in Beirut. AFP
According to figures for the first quarter of 2019, non-oil foreign trade between the two countries reached nearly $700 million, a growth of 37 percent compared to the same period in 2018.
The UAE is Lebanon’s leading Arab trading partner and its seventh largest global trading partner. The UAE also ranks first in the world in receiving Lebanese exports, accounting for 14 percent of Lebanese merchandise exports in 2018.
Mohammed Hilal Al Muhairi, Director-General of the Abu Dhabi Chamber, stressed that the chamber’s participation in organising the conference aims to enhance the trade cooperation between the two countries.
Dr. Hamad Saeed Al Shamsi, UAE Ambassador to Lebanon, said, "This investment conference is being held at a very important time for Lebanon."