"> Lebanon Seeks ACCI’s Partnership In Improving Trade Relations Between Both Countries - Sahel Standard
April 20, 2021
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Lebanon Seeks ACCI’s Partnership In Improving Trade Relations Between Both Countries

The Lebanese Embassy in Nigeria has sought partnership with the Abuja Chamber of Commerce and Industry (ACCI) in improving the trade relations between Lebanon and Nigeria.

Economic Attache to the Embassy of Lebanon, Mishaal A. Khodr disclosed this on Wednesday in Abuja when he visited the Chamber.

Mr Khodr who decried that there was no proper business council, nor bilateral chamber of commerce between both countries, said Lebanon was trying put in place proper infrastructure to improve trade relations between his country and Nigeria.

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He stated that COVID-19 pandemic has affected the trade volume between both countries with Lebanon only exporting to Nigeria $28million as against $40million in previous years.
Mr Khodr who emphasised that there is need to further diversify exports from both countries said charcoal constitutes more of the imports from Nigeria to Lebanon while electrical appliances including generators are mostly what are imported from his country to Nigeria.

While responding, the Director General of the Abuja Chamber of Commerce and Industry (ACCI), Victoria Akai sympathised with him on what was going on in Lebanon adding that Lebanese more like brothers to Nigeria.
She also thanked Mr Khodr for commending the Chambers efforts in its efforts at institutionalising chamber activities in the country.

DG who noted that trade missions cannot happen currently because of the current realities of the pandemic, further said what the chamber has introduced efficiently now is the virtual trade interactions between Nigerian businesses and foreign ones.

She assured the Economic Attache that ACCI would explore the virtual trade interactions with his country.
She briefed him about the developmental strides made in the chamber in recent past as well as the activities of the 4-centers.
She further stated that the Chamber was interested in working with the Lebanese embassy and advised a Nigeria Lebanese Business Council should be organised.

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