Members of Lebanon's cabinet have launched reform initiatives spanning foreign policy, industry and energy after ending a two-year political deadlock, bne IntelliNews learned on February 10.

The 24-member cabinet, formed under Prime Minister Nawaf Salam on February 8, faces immediate challenges of implementing urgent financial reforms, managing reconstruction efforts and maintaining border stability amid regional tensions. The international community has welcomed this development, with key global and regional actors pledging support.

"Under the leadership of President Joseph Aoun and Prime Minister Nawaf Salam, we are determined to restore Lebanon's rightful place in the Arab world and the international community," Foreign Minister Youssef Raji told bne IntelliNews, affirming the government's commitment to an independent foreign policy.

Industry Minister Joe Issa El Khoury outlined plans to revive the economy by leveraging Lebanon's position in the Arab world.

"We cannot afford to antagonise these nations, as Lebanon is an integral part of the Arab region," he said, stressing the need to create a secure business environment with competitive production costs.

El Khoury acknowledged security challenges, particularly from recent Israeli airstrikes in the Bekaa region and tensions along the Syrian border, calling for swift implementation of UN Security Council Resolution 1701.

 "We must identify our strengths, whether in location, education or natural resources and build our industrial policy around these assets," he added.

Meanwhile, more regular matters were occurring, with Energy Minister Georges Sadi presenting a phased approach to address chronic power supply issues, prioritising electricity improvements within 12 months, followed by structural reforms.

Lebanon’s infrastructure has been heavily damaged from years of underinvestment and overconsumption due to failing finances and damage from the fight between Hezbollah and Israel over the past two years following the October 7 invasion by Hamas in Gaza into southern Israel.

"The formation of a regulatory body is not just a legal requirement; it's essential for securing international support," Sadi explained, noting its importance for both the electricity and telecommunications sectors.

Addressing potential support from Saudi Arabia, Qatar and France, Sadi discussed the importance of domestic reform before seeking international assistance.

"While we welcome support from friendly nations, we must first demonstrate our commitment to reform by establishing proper regulatory frameworks and developing clear strategic plans," he said.

The minister outlined plans for expanding power plants and diversifying energy sources, particularly focusing on solar energy to meet national demand. "Without stability, we cannot finance projects or implement comprehensive reform," Sadi noted, linking energy sector stability to broader national recovery.