Suleiman Heads to Australia as LL40 Billion is Pledged to Lebanon for Investment

إقرأ هذا الخبر بالعربية W460

President Michel Suleiman traveled to Australia on Saturday on the first visit of its kind for a Lebanese president, reported As Safire newspaper on Saturday.

Sources told the newspaper that memorandums of understandings will be signed with the Australian government and Suleiman will also meet with prominent businessmen of Lebanese origin.

“These businessmen, who are a cornerstone of the Australian economy, have pledged LL40 billion for Lebanon to invest in,” they revealed.

Suleiman’s weeklong visit gains prominence because of Australia’s importance as a continent and part of the Commonwealth where there are several opportunities for cooperation, they said.

“Despite the historic ties between Lebanon and Australia, no agreements on bilateral cooperation have been signed between them,” noted the sources.

Prior to traveling, Suleiman held talks with Prime Minister Najib Miqati at the Baabda palace.

The president is accompanied on his visit by an official delegation that includes Deputy Prime Minister Samir Moqbel, Foreign Minister Adnan Mansour, Transportation and Public Works Minister Ghazi al-Aridi, and Information Minister Walid al-Daouq.

Comments 20
Default-user-icon habib kayrouz (Guest) 14 April 2012, 10:23

ahlan wasahlan bi fakhamto fi rubu3 australia
wa ahlan bi sa3adeton lwozara moqbel wa al aridi wa daouq
wa laysa mora77ab bi lwazir adnan mansour lianna lan yaf3al shayann men ajli almogtaribin wa khasan bi 7a2 lmogterbin bel entikhab!!!

Missing ulpianus 14 April 2012, 12:34

This is what politicians are for. They should run Lebanon like a business, maximizing the profit for it´s inhabitants.

Not interfering in international politics. See and learn from Hong Kong or Switzerland.

Default-user-icon Lando (Guest) 14 April 2012, 14:32

Here's another nobody sucker upper who has done nothing for the country and thereby has done more harm to it than the dumbest president this country has ever had. What is there to do in Australia other than dragging himself and his pathetic ugly looking lousily dressed wife to foreign and far away places at the expense of the people who themselves are broke and living a lousy life? Does he not have any decency? But then, how can he be different from 95% of the other people in public office? When will the Lebanese wake up? Talking about a revolution, why don't people get together and revolt against these repulsive politicians? WHEN? They are either brainwashed or brain-dead, and thereby deserve to be led down the sewers by these.

Missing youssefhaddad 14 April 2012, 16:21

He continues his international tourism at the expense of the broken republic. Surrounded by a large group of "officials", meaning their families and friends, in order to do nothing.
While they are supposedly going most of the time to beg for monetary assistance, the Lebanese delegations are usually composed of large groups who use the best luxurious accomodations available and spend lavishly!
Phone conferences and a couple of economic experts would have done the job.

Missing gcb1 14 April 2012, 17:53

This is what we should be discussing, not sectarian problems. Investments and the liberalization of the market is key to Lebanon's prosperity.

Missing gcb1 14 April 2012, 17:53

This is what we should be discussing, not sectarian problems. Investments and the liberalization of the market is key to Lebanon's prosperity.

Default-user-icon Neal (Guest) 15 April 2012, 03:54

you are right , we should not discuss realty and come to terms with each other , we should ignore what's really happening in Lebanon and hope it will magically disappear . we should put our heads in the sand and hope for the best . remember no one will invest in us better then our selves. we must put Lebanon first second and third this is the best investment we can ever make

Missing gcb1 14 April 2012, 17:53

This is what we should be discussing, not sectarian problems. Investments and the liberalization of the market is key to Lebanon's prosperity.

Thumb ado.australia 14 April 2012, 19:50

Attacking the president for his trip to Australia is extremly ignorant at best. The key to the republic of Lebanon is international support and friendship. Attacking and bombing Lebanon is internationally unpopular with the support and helpmof the lebanese diaspora. The only people against the promotion of the republic of Lebanon to western nations, are those that hold allegiance to Israel before any other country, regardless of their birth. Sorry Yousseph but u have shown ur true colors with that comment.

May god bless the president of the republic of Lebanon, in his trip to Australia. May this trip help in uniting the approx. 500,000 Lebanese Australians in support of the republic.

Default-user-icon Cathy (Guest) 14 April 2012, 20:22

If only I knew he was going. I would of sent Zaitour with him for my mum.

Missing christian89 14 April 2012, 22:19

ado.australia, i think your lebanese reputation in australia defines you at best. so before judging others, stop raping girls and work on your reputation in australia, you've embarassed us enough around the world

Missing opinion 16 April 2012, 06:57

I dare say the Lebanese in Lebanon have done a wonderful job with their reputation "around the world" quite well dont you think???

Default-user-icon arn (Guest) 16 April 2012, 07:00

I dont agree with rape at all, but give us a break for once why doesnt anyone look at all the other nationalities who rape, murder, steal are involved in gang wars etc etc etc...every nationality has its good and bad..and its never to late for someone in parliment to start doing something right for its country and its people...

Missing christian89 15 April 2012, 01:57

Compare lebs in canada with lebs in australia, w ba3den ta3a 7kine. fi fare2 min el sama lal 2ared. I think we all know whats the difference, doesnt take too much to figure out.

Missing inveritas 15 April 2012, 03:59

Yep. 98% of them are M14 followers.

Missing ulpianus 15 April 2012, 03:47

Well I dont live in either country and no, I dont see what difference you are talking about. Unless, you mean the very generous welfare system of Australia, which like the Scandinavian countries attracts people that do not want to work. That could be a problem. On the other hand, Canada and USA makes sure to always take the most educated from populations all over the world...

...but your idea of comparing a mass of people to each other, out of rumours and no facts is just ridiculous.

Default-user-icon Patriot Stallion (Guest) 15 April 2012, 15:57

Go on, pledge money to lebanese thives and corrupt politicians. Lebanon is in a never-ending battle of power-struggles among the elite families who have always been in power. The lebanese in Lebanon are doing better than typical Lebanese Australians who are victums of unemployment with the majority of them on the welfare and trying to make ends meet by exploiting an anglo-masonic system which they don't fit it. They come to the west to get rich and go back home yet they end up in the grave and still have'nt paid of their debt. Why should they pledge L.L40 billion to Lebanon when recently 11 billion U.S went missing???

Default-user-icon sintl8 (Guest) 15 April 2012, 17:31

Dialogue must start somewhere people..... What better place to do it than a gifted country like Australia. Yes Lebanon is divided/broken, phapes the Lebanese delegation will get to witness that Politics and Religion are two separate subjects and must never be mixed in governing a country.Welcome to the land of freedom and peace Mr President.I trust this will be a learning curve for you.

Default-user-icon Paul (Guest) 16 April 2012, 06:51

The first Lebanese came here in 1800's and the first Maronite Church in 1890.The Govenor of the largest and highest population state is of Lebanese heritage.
The problems with Lebanese in Australia all started with the wave of refugees during the civil way in '75. Most of this population was from the Beirut suburbs and not the highest in terms of Lebanons socio economic examples.
Australian dollars injected into the Lebanese economy have helped it keep afloat during Lebanons dark days, let alone pre and post civil war periods!
Australia is a magnificent country, where the only issues of the day are the weather, sport and what to do the coming weekend or where to travel next in this beautiful world. Lebanon has enormous potential, however as long as its population remain loyal to hilariously and grossly inadequate leaders and so divided it will never be the place it should truly be.

Default-user-icon Lebanese to the grave (Guest) 16 April 2012, 12:12

Give a chance, never lose hope, it's no political competition , it's about unity, growth, achievements
We must all come together from the four corners of the earth just for the sake of our motherland country that's being dissected, torn, monopolisied stain with political colors all for a price of suffering and hardship on the price of its inhabitants of the country while other western country enjoy live happily being respected and given a quality of life.