October 21, 2026

Anticipated industrial partnerships between Paris and Beirut to enhance economic cooperation

Minister of Industry, Joe Issa Al-Khoury, concluded his official visit to the French capital, Paris, by meeting with his French counterpart, Sebastien Martin, in the presence of the Lebanese Ambassador to France, Rabie Al-Shaer. In a step aimed at expanding the French investment presence and strengthening the frameworks of joint industrial cooperation between the two countries.

The bilateral talks focused on developing the Lebanese industrial sector and opening new horizons for French investments, especially in the technology sectors and industries with high added value. The two sides reviewed opportunities to rely on “offshoring” models, and encourage French companies to establish production, engineering and technological activities in Lebanon to benefit from its national competencies.

Minister Issa Al-Khoury stressed during the meeting that human capital represents Lebanon’s most prominent competitive advantages, pointing to the ability of Lebanese academic institutions to maintain distinguished educational levels and graduate highly qualified people in the fields of engineering, technology and science. He explained that this partnership will contribute to enhancing the competitiveness of French companies, as well as providing quality job opportunities in Lebanon and supporting its exports of advanced goods and services.

For his part, the French Minister stressed the importance of exchanging official visits in strengthening bilateral relations and developing partnerships between the business communities in the two countries. At the conclusion of the meeting, Issa Al-Khoury extended an official invitation to his French counterpart to visit Lebanon to see on the ground the potential and investment opportunities available.

To translate the discussions into practical steps, the two ministers agreed to organize a joint industrial investment forum in Paris that brings together investors and companies from both sides, with the aim of transforming cooperation opportunities into tangible investment projects. Issa Al-Khoury concluded by emphasizing that the Lebanese goal goes beyond attracting capital to building long-term strategic partnerships based on the transfer of knowledge and technology and the integration of capabilities, thus consolidating Lebanon’s position as a regional center for specialized industries and an innovation-based economy.