Saudi Arabia Encourages Companies to Import Lebanese Products After Royal Order

Saudi Arabia is actively encouraging its private sector to import Lebanese goods, marking a significant step towards reviving trade relations after years of disruption. This initiative directly implements directives from Crown Prince and Prime Minister Mohammed bin Salman, following a specific request from Lebanon's presidency and government.

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In implementation of the directives of Crown Prince Mohammed bin Salman to resume Lebanese exports to the Kingdom, and in response to the request of Lebanese President General Joseph Aoun and Prime Minister Nawaf Salam, and in line with the positive steps taken by the government toward rebuilding state institutions and the work completed by the specialized teams, we gather today to witness the departure of the first exports bound for Jeddah Islamic Port through Beirut port.

The resumption of trade was celebrated with the departure of the first shipment from Beirut port to the Kingdom on June 20. Officials described the event as a symbol of rebuilt economic trust, emphasizing that modern and strict security controls are in place to safeguard exports. The Saudi General Authority of Foreign Trade has officially informed the Federation of Saudi Chambers about the royal order approving the resumption of Lebanese exports, urging private sector companies to take advantage of this opportunity.

This decision is anticipated to stimulate Saudi companies to explore the Lebanese market and foster broader trade horizons between the two nations. The return of the Saudi market, which accounts for approximately 85% of the Gulf market, represents not only a recovery of lost trade, exports stood at about $378 million before the ban, but also opens avenues for greater ambitions in expanding Lebanon's presence in this substantial market.

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As an embodiment of brotherly relations and out of the Kingdom’s keenness to stand by its brothers, this decision to resume Lebanese exports to the Kingdom confirms beyond doubt its support for Lebanon’s stability, its sovereignty over all its territory and the welfare of its brotherly people.

Speaking at the shipment's departure, Saudi Ambassador to Lebanon Fahd Al-Dosari highlighted the move as an embodiment of brotherly relations and the Kingdom's commitment to supporting Lebanon's stability and sovereignty. He noted that the decision confirms Saudi support for the welfare of the Lebanese people. Lebanese Prime Minister Nawaf Salam assured that Lebanon would not become a "launchpad for any harm against its Arab brothers" and thanked the Crown Prince for lifting the ban. Modern scanning devices recently installed at Beirut port were inspected, underscoring enhanced security and efficiency for goods and containers.

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Lebanon would not be allowed to again become “a launchpad for any harm against its Arab brothers,” and thanked Crown Prince Mohammed for lifting the ban on Lebanese exports.