Urgent Need To Address Political And Economic Crisis In Lebanon


(MENAFN- Caribbean News Global)

Representatives Gregory W. Meeks and Michael McCaul, Ranking Member and Chairman of the House Foreign Affairs Committee, sent a letter to US Secretary of State Antony Blinken underscoring the urgent need for action to address Lebanon's growing political and economic crisis, including through the use of targeted sanctions to make clear to Lebanon's political class the status quo is not acceptable.

“In the face of growing instability, Lebanon's political class must urgently overcome their differences and commit to advancing the interests of Lebanon's people,” the lawmakers wrote.“Parliament must break through months of intransigence to urgently elect a new president who is free from corruption and undue external influence.”

Dear Secretary Blinken

We write to express grave concern as Lebanon grapples with an all-consuming political and economic crisis that is devastating the country. Despite months of negotiation to try to appoint a president, Lebanon continues to be led by a caretaker government with limited authority to advance desperately needed reforms.

The resulting political vacuum is exacerbating Lebanon's economic crisis, leading to hyperinflation and record levels of poverty across the country, as well as contributing to growing security concerns as Iran's terrorist proxy Hezbollah seeks to strengthen its grip over the country.

In the face of growing instability, Lebanon's political class must urgently overcome their differences and commit to advancing the interests of Lebanon's people. Parliament must break through months of intransigence to urgently elect a new president who is free from corruption and undue external influence. The path out of this crisis further requires a president committed to upholding the authority of the state, including the guarantees laid out in Lebanon's constitution, and advancing long overdue reforms, particularly the critical economic reforms mandated by the International Monetary Fund.

The United States and its European partners must eiterate with one voice the urgency of parliament to elect such a president and deliver these vital economic reforms. We also call on the Administration to use all available authorities, including additional targeted sanctions on specific individuals contributing to corruption and impeding progress in the country, to make clear to Lebanon's political class that the status quo is not acceptable.

We also call on the Administration to continue pressing for full accountability for the August 2020 Beirut Port Blast and support independent, international investigatory efforts into egregious fraud and malfeasance by the Governor of Lebanon's Central Bank. We must not allow Lebanon to be held hostage by those looking to advance their own selfish interests. We will continue to stand with the Lebanese people for an independent, sovereign, peaceful, and prosperous future.

The full text of the letter can be found here.



MENAFN31052023000232011072ID1106366432


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.