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Iraq-Lebanon Talks Aim to Ease Trade and Cut Transport Costs

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Iraq-Lebanon Talks Aim to Ease Trade and Cut Transport Costs

Iraq and Lebanon have held talks on increasing trade, lowering transportation costs, and activating free trade agreements to make it easier for businesses in both countries to exchange goods.

Lebanese Economy and Trade Minister Dr. Amer Bissat visited Baghdad on Monday and met with Lieutenant General Dr. Omar Adnan Al-Waili, head of Iraq’s Border Ports Commission.

The Lebanese delegation included Ambassador Khalil Abdullah Mohammad, along with representatives from Lebanese chambers of commerce, trade unions, and the private sector.

According to the Border Ports Commission, one of the main proposals was to allow Lebanese goods to enter Iraq using Lebanese trucks exclusively through the Al-Qaim and Trebil border crossings. Both sides also discussed activating a transit system to make the transportation of goods between the two countries easier and more flexible.

The talks also focused on reducing shipping and transportation costs from Lebanon to Iraq and simplifying customs and border procedures to speed up the movement of Lebanese products into Iraqi markets.

These discussions are aimed at making trade between Iraq and Lebanon easier, reducing costs for businesses, and creating more opportunities for economic cooperation.

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