This pact brings the total number of credit lines provided by the Program to national agencies in Lebanon to 125 at a total value of $1.4 billion.

ATFP offers credit lines to national agencies appointed by monetary authorities in Arab states as part of its role to develop and promote the inter-Arab trade and enhance the competitive ability of Arab exporters.

ATFP’s Chief Executive Chairman, Jassem Al Mannai stressed the importance of the trade information and the trade promotion services provided by the Program in developing the production capabilities and competitiveness of the Arab exporters. “The program provides a support to the Arab economies in promoting trade exchange towards a unified Arab Economies,” he said.

Byblos’s Chairman, Francois Bassil said that the Program offers a constructive task in the development and support of intra-Arab trade and in improving the capabilities of the Arab producers and exporters.