It was reported on 11 June 2012 that Luxembourg’s Economy Minister has recently conducted a working visit to Lebanon to promote economic relations between the two countries. During the course of his visit, the Luxembourg minister held talks with Lebanon’s President and Prime Minister as well as with the parliamentary president.
During the course of the discussions, it emerged that the bilateral double taxation agreement (DTA) between Luxembourg and Lebanon could be concluded shortly, as Lebanon is confident of reaching a consensus on the issue of information exchange.
According to the Luxembourg finance ministry, certain areas of cooperation, in particular logistics, the banking and financial sector, as well as civil engineering and construction merit being further strengthened in the years ahead.
