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Lebanon’s President Seeks to Reactivate $3 Billion Army Aid from Saudi Arabia

Lebanon’s President Joseph Aoun plans to ask Saudi Arabia to resume a $3 billion military aid package during his upcoming visit, he aims to improve relations following a suspension of aid in 2016 amid political tensions. Aoun emphasizes the importance of economic ties and Lebanon’s commitment to necessary financial reforms to receive foreign support for reconstruction efforts.

Lebanon’s President Joseph Aoun is set to request Saudi Arabia to resume a $3 billion aid package for the Lebanese army during his forthcoming visit to the kingdom. This visit, which marks his first trip abroad since taking office on January 9, will include a meeting with Saudi Crown Prince Mohammed bin Salman. In an interview with Asharq television, Aoun expressed his intention to discuss the possibility of reinstating the grant, which was suspended in 2016 amidst political tensions following attacks on Saudi diplomatic missions in Iran.

Historically, Saudi Arabia has provided substantial financial support to Lebanon, including billions deposited into the central bank and assistance for reconstruction efforts after the 2006 Hezbollah-Israel conflict. However, in light of Hezbollah’s increasing power, backed by Iranian influence, this support has diminished. Recent regional developments, such as Israeli actions against Hezbollah and the political shift following the fall of Bashar al-Assad, have prompted Aoun to seek a realignment of Lebanese-Saudi relations.

Aoun articulated a desire for improved political and economic ties with Saudi Arabia, emphasizing the mutual benefits such a partnership could bring. With Lebanon facing significant reconstruction challenges following extensive Israeli military operations, Aoun is hopeful that foreign support, particularly from Gulf states, will materialize, provided that Lebanon adheres to the necessary financial reforms. He reaffirmed the country’s commitment to these reforms while anticipating that international aid would progressively aid in rebuilding efforts and facilitate the return of displaced Lebanon residents to their homes in southern regions.

In conclusion, President Joseph Aoun’s visit to Saudi Arabia aims to restore the $3 billion military aid previously extended to Lebanon, emphasizing the need for enhanced relations between the two nations. The outcome of these discussions may hinge on Lebanon’s commitment to vital financial reforms and the need for international support to address the country’s reconstruction challenges. As regional dynamics shift, Aoun is optimistic about the prospect of renewed cooperation with Saudi Arabia.

Original Source: www.hindustantimes.com

Ava Sullivan

Ava Sullivan is a renowned journalist with over a decade of experience in investigative reporting. After graduating with honors from a prestigious journalism school, she began her career at a local newspaper, quickly earning accolades for her groundbreaking stories on environmental issues. Ava's passion for uncovering the truth has taken her across the globe, collaborating with international news agencies to report on human rights and social justice. Her sharp insights and in-depth analyses make her a respected voice in the realm of modern journalism.

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