France Dispatches Envoy to Beirut to Implement CEDRE Pledges

A general view of the Lebanese capital Beirut. (AFP)
A general view of the Lebanese capital Beirut. (AFP)
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France Dispatches Envoy to Beirut to Implement CEDRE Pledges

A general view of the Lebanese capital Beirut. (AFP)
A general view of the Lebanese capital Beirut. (AFP)

French presidential envoy Pierre Dukan is scheduled to arrive in Beirut on Wednesday to devise the practical measures for the implementation of the CEDRE conference pledges.

The dispatching of the envoy reflects France’s satisfaction with the formation of the Lebanese government, whose delayed birth had raised serious concerns over the implementation of the Paris-sponsored agreement.

Dukan will kick of his visit by holding talks with President Michel Aoun, Speaker Nabih Berri and Prime Minister Saad Hariri, said a diplomatic source in Beirut. He will also meet with ministers whose ministries have projects included in the CEDRE conference.

CEDRE was held in Paris on April 6 and presented long-term economic developments projects for Lebanon.

Dukan’s plan of action in Lebanon will focus on infrastructure projects presented by the Lebanese government. He will also set priorities in order to finance these projects and then “carry out needed reforms,” said the source.

The envoy had held talks last year with concerned officials during which they agreed on placing mechanisms to follow up on the CEDRE conference pledges.

They formed a Lebanese coordination team and another comprised of representatives of countries that took part in the conference, as well as donor agencies.

The two teams will hope to draft a vision that is “beyond strategic,” said Dukan.



OPEC+ Postpones Output Policy Meeting to Dec 5

People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. REUTERS/Maxim Shemetov
People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. REUTERS/Maxim Shemetov
TT

OPEC+ Postpones Output Policy Meeting to Dec 5

People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. REUTERS/Maxim Shemetov
People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. REUTERS/Maxim Shemetov

The OPEC+ alliance of oil-producing countries has postponed its next meeting on output policy to Dec. 5 from Dec. 1 to avoid a conflict with another event, OPEC said on Thursday.
A summit of Gulf Arab countries is due to be held in Kuwait City on Dec. 1 which several OPEC+ ministers plan to attend, OPEC said in a statement.
"Sunday does not suit everyone," a source had told Reuters before the official announcement.
Top OPEC+ ministers have held talks ahead of the meeting. OPEC+ sources have said there will be discussion over a further delay to oil output increases due to start in January.
Saudi Energy Minister Prince Abdulaziz bin Salman on Wednesday had a phone call with Russian Deputy Prime Minister Alexander Novak and Kazakh Energy Minister Almasadam Satkaliyev while in Kazakhstan on an official visit.
Iraq, Saudi Arabia and Russia held talks in Baghdad on Tuesday.
OPEC+, which comprises OPEC and allies led by Russia pumps about half the world's oil. The group aims to gradually unwind oil production cuts through 2025 which it introduced to help support prices.
However, a slowdown in Chinese and global demand and rising output outside the group pose hurdles to that plan.
OPEC+ on Nov. 3 again postponed its first output hike which had been set for December by one month.