The Minister of Supply in the dialogue session of the conference "Beirut One" About the private sector as a driver of Lebanon’s future
Dr. Sherif Farouk, Minister of Supply and Internal Trade, participated in the activities of the fourth dialogue session within the “Beirut One” conference. In the Lebanese capital, Beirut, which was titled “The Private Sector – The Engine of Lebanon’s Future.”
The session witnessed the presence of a number of Lebanese ministers, officials, and private sector leaders, including Haneen Al-Sayyed, the Lebanese Minister of Social Development, Mohamed Choucair, Chairman of the Board of Directors of the Lebanese Chamber of Commerce, and Samir Assaf, the banking expert.
During his speech, the Minister conveyed the greetings of the political leadership. And the Egyptian government to President Joseph Aoun, the government and the Lebanese people. Dr. Sherif Farouk also praised the Lebanese President’s speech at the opening session, stressing that identifying the problem and diagnosing it correctly is the correct beginning of the reform steps.
The Minister indicated that all countries seek to attract investments by providing facilities and guarantees to attract capital, stressing that the presence of a strong banking sector represents an essential element for building confidence and enhancing trade exchange. He also explained the importance of encouraging small investors and entrepreneurs, and creating an appropriate legislative environment as a vital factor to stimulate investment and support the sector. Special.
Dr. Sherif Farouk confirmed that the “Beirut One” conference It represents a very important step in beginning the path of economic reform in Lebanon, as it provides a strategic platform for exchanging experiences, exploring investment opportunities, and enhancing cooperation between the public and private sectors to serve sustainable development and support economic stability in the region.
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