Lebanon To Negotiate With Syria On Reducing Export Fees

Lebanon To Negotiate With Syria On Reducing Export Fees

BEIRUT, Lebanon, Aug 14 (NNN-NNA) – Lebanese Minister of State for Foreign Trade Affairs, Hassan Mourad, called for negotiating with Syria, to reduce fees for exporting Lebanese products through Syria.

“We should be able to export our products to Arab countries through Syria. This is why we should negotiate for an immediate reduction in fees, paid for export through Syria,” Mourad was quoted as saying.

Mourad also said that, the only way to reduce the country’s trade deficit is by exporting Lebanon’s agricultural and industrial products.

“This is our responsibility as a government,” he said.

According to Blominvest Bank, Lebanon’s trade deficit registered a year-on-year increase of 1.73 percent, hitting 17.03 billion U.S. dollars, by the end of 2018.– NNN-NNA

administrator

Related Articles