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Strategic relationship between Lebanon and Iraq emphasized

Strategic relationship between Lebanon and Iraq emphasized

Beirut, Jul 6 (Prensa Latina) Lebanon's acting Minister of Energy and Water, Walid Fayyad, emphasized the strategic relationship between his country and Iraq for the supply of fuel, it was reported in this capital on Wednesday.

In the context of his visit to Baghdad, Fayyad exchanged with the highest authorities of oil, finance and the Iraqi bank with the aim of consolidating the fuel supply contract agreement.

As the National News Agency reported, Iraqi Oil Minister Abdul-Jabbar Ismail expressed to the Lebanese minister the intention to increase the supply quantities within certain controls after the completion of the treaty.

For his part, Fayyad noted during the meeting with Iraqi Finance Minister Abdul-Amir Allawi the readiness to extend and develop the memorandum to finance the Lebanese need for fuel under affordable conditions of trade facilitation and exchange.

According to the local publication, the Lebanese leader held a meeting with the governor of the Central Bank of Iraq, Mustafa Makheeb, in the intention of strengthening the bilateral cooperation.

An agreement signed on June 21 between Lebanon and Egypt will facilitate the import of gas through Syria with the aim of boosting energy supply and alleviating the crisis in the country.


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