Presidency of the
Council of Ministers
Mr. Nabil Itani, Chairman of IDAL, headed the Lebanese delegation to the special meeting on Lebanon held at the UN headquarters in Geneva, in cooperation with UNCTAD to present the “Investment Policy Review”. Eng. Itani assured that Lebanon is capable of implementing the review`s articles based on its competitive advantages. The recommendations focused on a series of procedures, mainly the revision of the legal framework for investment, reforms of the business environment, the development of a strategy to promote investment and the enhancement of IDAL`s role.
IDAL participated at the third meeting of the Lebanese-Bulgarian Business Council held from November 12 to 15, under the patronage of the Lebanese-Bulgarian Chamber of Commerce in the presence of organizations, associations and representatives from all business sectors. IDAL`s Chairman, Eng. Nabil Itani, swotted Lebanon`s main economic indicators, pointing out that FDI inflows grew by a cumulative rate of 6% between 2015 and 2017.
Within the framework of supporting Lebanese exports, especially agricultural ones, IDAL`s Chairman, Eng. Nabil Itani, met with representatives of the chambers of commerce, industry and agriculture in Lebanon to discuss ways to increase agricultural exports and enhance their ability to enter new markets. The discussion tackled also the participation of Lebanese productive firms in international and regional exhibitions, supported by IDAL as a main partner. The Agri-plus program was also discussed in light of the improvements adopted by a number of packaging houses and agricultural crops as they have been awarded international quality certificates.
IDAL, represented by its Chairman Eng. Nabil Itani, participated at the OECD conference on “Making Investment Promotion Work for Sustainable Development: Trends and Practices in the Mediterranean”, held on 22 and 23 October in Paris. Eng. Itani tackled the role of IPAs in attracting new qualitative investments, positively impacting the society in terms of reducing unemployment and alleviating poverty.