President Goodluck Jonathan said on Monday in Abuja that Nigeria and Lebanon would establish a Joint Commission to boost trade and foreign direct investments.
Jonathan said this at a joint press conference with the Lebanese President, Gen. Michel Sleiman, who was on official visit to Nigeria.
Both leaders addressed newsmen shortly after a closed-door session at the Presidential Villa, Abuja.
Jonathan, who described the Sleiman visit as “historic”, said that the Joint Commission would soon be in operation.
“We consider a number of draft agreements on trade, investments promotion and protection, bilateral air service and an agreement to establish a joint commission between the two countries.
“These agreements are important and necessary to boost our bi-national trade and inflow of foreign direct investments.
“They are being negotiated by officials of both countries and the details will be signed in a future date.”