Press Conference, Minister of Economy and Trade
Minister Nahas Declares “the Lebanon Economic Forum”
17 and 18 November
H.E. Minister of Economy and Trade Nicolas Nahas headed and hosted a press conference to declare the Lebanon Economic Forum that will be held on the 17th and 18th of November at Coral Beach Hotel in Beirut. This Forum is organized by the Economy and Business Group in collaboration with the Lebanese Federation of Chambers and IDAL.
The President of the Lebanese Federation of Chambers Mr. Mohamad Chukair, the chairman of the board of directors of IDAL Eng. Nabil Itani and the Executive Director of the Economy and Business Group all participated in the press conference.Co. Vice presidents of the Beirut Chamber Mr. Mohamad Lamaa and Dr. Nabil Fahed and the president of the Zahle Chamber were also amongst the attendees.
Minister Nicolas Nahas,” holding the Forum is a sign of Arab Faith in Lebanon
Minister Nahas initiated his speech by drawing to the attention the importance of the “Lebanon Economic Forum” during this period, where the region is passing through fateful circumstances and having a direct effect on Lebanon, our focus should be on revitalizing the position and role of Lebanon as a regional economic and investment focal point.
Minister Nahas sees that “holding the Forum in Beirut in these circumstances is a sign of faith in Lebanon and its economy, the expected high participation by Arab businessman in general, and from the Gulf region in specific, increases faith in Lebanon’s ability to be a center of attraction for investments, thus developing the economy and providing job opportunities, and the Governments economic policy is fully supportive to this orientation. “
Minister Nahas saw the Lebanon Economic Forum as an opportunity to familiarize investors with the steps and developments Lebanon’s economy is witnessing, through communication and direct interaction with those investors. Minister Nahas revealed that the Ministry is in the process of launching a complete program to enhance Lebanon’s position on the World Bank’s Doing Business Report. This program includes amending many laws, especially the Commerce Law which will be updated as to become a model for the region.
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