Minister of Economy and Trade Nicolas Nahas met with Iranian
Minister of Transportation and Housing Ali Nikzad in Phoenicia Hotel on Tuesday
with the participation of the Lebanese-Iranian follow-up committee. Several
agreements and memoranda of understanding covering economic, social and services
sectors were signed.
In this regard, Nahas said that cooperation and coordination
between both countries made important strides in the framework of the common
economic committee. “We will study a draft agreement to establish a free trade
zone between the two countries”, he said.
For his part, the Iranian minister said that Lebanon and Iran
are two sister states that have one enemy, Israel. He announced that
specialized Iranian companies are ready to help Lebanon build the electricity and
water plants it needs.