Saudi Envoy Urges Lebanon Politicians to Form New Government Quickly

Lebanese President Aoun receives Saudi Arabia's ambassador to Beirut at the presidential palace. (Dalati & Nohra)
Lebanese President Aoun receives Saudi Arabia's ambassador to Beirut at the presidential palace. (Dalati & Nohra)
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Saudi Envoy Urges Lebanon Politicians to Form New Government Quickly

Lebanese President Aoun receives Saudi Arabia's ambassador to Beirut at the presidential palace. (Dalati & Nohra)
Lebanese President Aoun receives Saudi Arabia's ambassador to Beirut at the presidential palace. (Dalati & Nohra)

Saudi Arabia’s ambassador to Beirut urged Lebanese political parties on Tuesday to quickly agree a new government to pull the country from financial crisis after months of political wrangling.

A standoff between President Michel Aoun and Saad al-Hariri, who was designated as prime minister last October, has delayed a deal on a new government as Lebanon’s worst crisis in decades spirals.

“I stressed the need to put the higher national interest first to launch drastic reforms that can restore the international community’s confidence in Lebanon,” Saudi ambassador Walid Bukhari said after meeting Aoun in his first visit to the presidential palace since 2019.

Foreign donors have said they will not bail out the state, which is drowning in debt, unless Lebanese politicians tackle graft and waste - the root causes of the collapse.

Lebanon’s political deadlock intensified this week in a public war of words between Aoun and Hariri, a three-time premier.

After the Tuesday meeting with Aoun, who is a political ally of Hezbollah, the Saudi envoy said the Kingdom stood by Lebanon and its sovereignty.

He also reiterated the importance of a UN resolution that called for all militias in Lebanon to disarm, in a reference to Hezbollah’s arsenal.

He underscored the importance of implementing UN Security Council resolutions 1701 and 1559, while stressing that the 1989 Taif Accord “safeguards Lebanon’s national unity and peace.”



UK Lifts Sanctions on Syrian Central Bank and Petroleum Firms

A general view of the commercial harbor of Syria's coastal city of Tartous, Syria, December 14, 2024. (Reuters)
A general view of the commercial harbor of Syria's coastal city of Tartous, Syria, December 14, 2024. (Reuters)
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UK Lifts Sanctions on Syrian Central Bank and Petroleum Firms

A general view of the commercial harbor of Syria's coastal city of Tartous, Syria, December 14, 2024. (Reuters)
A general view of the commercial harbor of Syria's coastal city of Tartous, Syria, December 14, 2024. (Reuters)

Britain unfroze the assets of Syria's central bank and 23 other entities including banks and oil companies on Thursday, reversing sanctions imposed during Bashar al-Assad's presidency.

The West is rethinking its approach to Syria after opposition forces led by the Hayat Tahrir al-Sham group ousted Assad as president in December after more than 13 years of civil war.

"We are lifting asset freezes on 24 Syrian entities that were previously used by the Assad regime to fund the oppression of the Syrian people," a foreign office spokesperson said.

"At the same time, sanctions on members of the Assad regime and those involved in the illicit trade in captagon remain in place."

Captagon in an addictive amphetamine-like stimulant widely produced in Syria during Assad's rule.

A notice posted on the British government website said entities including the central bank, the Commercial Bank of Syria and the Agricultural Cooperative Bank had been delisted and were no longer subject to an asset freeze.

Syrian Arab Airlines, Syrian Petroleum Company, Syria Trading Oil Company (SYTROL) and Overseas Petroleum Trading were also among those delisted.

Syria's Interim President Ahmed al-Sharaa has called repeatedly for the lifting of Western sanctions that were imposed to isolate Assad during the civil war.

Last month, the European Union eased restrictions on the Syrian central bank while keeping in place the sanctions. The US has said its sanctions on the central bank remain in place.

A Syrian government media official did not immediately respond to a request for comment.