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Charles Arbid to head Lebanon's Socio-Economic Council
The Cabinet had approved on October 12 the 71 members of the country's Economic Council, tasked with providing consulting services to the Cabinet on Lebanon’s socio-economic projects.
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BEIRUT: Charles Arbid will head Lebanon's Socio-Economic Council after winning the elections held Monday to re-activate the body that has been inoperative for more than 17 years.
After hours of deliberation, the 71-member council approved a consensus list of seven nominees that included Charles Arbid, Hamidi Sakr, Mohammed Choucair, Salah Osseiran, Youssef Bassam, Anis Bodiab, George Nasraoui and Saad El Din; the latter who will act as Arbid's second in command.
Born in 1964, Charles Arbid is a well-established businessman who heads the Lebanese Franchise Association (LFA) as well as local clothing company Rectangle Jaune.
Speaking at a press conference following the meeting, Arbid expressed his optimism regarding Lebanon's current economic state, vowing to "bring together the different institutions in order to initiate projects that would enhance the country's growth," while adding that his council will act as "the link between the government and its people."
Prime Minister Saad Hariri echoed Arbid's statement, saying that the country "faces challenging times ahead which requires cooperation between the government and the Socio-Economic Council."
Touching on the recent International Support Group (ISG) for Lebanon meeting held in Paris on Friday, Hariri said that the meeting focused on maintaining Lebanon's stability, security and economy. He also confirmed a second meeting in Rome, titled Rome II, to be held at a later date and focus on enhancing Lebanon's military.
The Cabinet had approved on October 12 the appointment of members of the country's economic Council, tasked with providing consulting services to the Cabinet on Lebanon’s socio-economic projects.
The council was first formed in 2000 in accordance with the Taif agreement, with previous administrations failing to agree on a list of appointees after the term of the first council ended in 2003.