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Lebanon and Iraq form new partnership
The article discusses Iraqi Prime Minister Ali Al-Zaydi's visit to Lebanon with the aim of strengthening economic relations and developing cooperation in energy and transportation sectors, especially through using Lebanese territory as a transit route for Iraq to the Mediterranean Sea. The visit seeks to renew the contract for supplying Lebanon with Iraqi fuel, which would contribute to stabilizing electricity supplies, expanding trade exchanges, and increasing investments between the two countries. Additionally, the visit addresses the topic of Iraqi oil exports through Lebanon and Lebanon's outstanding debt to Iraq, amounting to approximately $2.7 billion for previous fuel sales. The emphasis is on expanding partnership in energy and economic fields to benefit from regional shifts, reduce dependence on Iranian influence, ensure stable energy sources, and enhance Iraq’s economic presence in the region.
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