BEIRUT: Italy called on the Lebanese government to implement reforms to boost the private sector while reiterating its support to advance the economy and strengthen stability.
In remarks commemorating the Italian National Day, its Ambassador to Lebanon Massimo Marotti said Monday that his country would stand by the side of its ally as it confronts its many challenges.
"International cooperation is here to help and is eager to work with Lebanon to assist the government plans to advance the economy, to strengthen stability, to improve the governance, to facilitate the private sector and the industrial activity, and to help protect the environment, the fundamental challenge for the people and the governments in the entire world," he said.
Investments from Italy have already made their way to Lebanon, he said, after a group of Italian businessmen launched a joint venture called META.
"In September their new factory in Zahle will start its production of electric components following European quality standard," he said.
Italy's cooperation is active in Lebanon since 1983, Marotti highlighted, with their assistance funds totaling $600 million.
Most importantly, Italy's navy has cooperated with its Lebanese counterpart over the past 12 months to strengthen its capacities and better conduct operations at sea.
This was done "to implement its important responsibilities to secure and stabilize Lebanon’s maritime space, to protect sea lines, the maritime environment, and its resources," Marotti said.
In September 2018, both navies took part in a six-week training program executed by the Italian Military Bilateral Mission in Lebanon (MIBIL). The training program was approved during the Rome II Conference, which took place last March in Italy in support of Lebanon's security institutions.
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