Doing Business in Lebanon
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Syllabus of the Subject: Foreign Trade and Business in Lebanon - Beirut.
Introduction to the Lebanese Republic (Middle East);
Doing Business in Beirut;
Lebanese economy;
Lebanese International TradeLebanese Customs Administration.
Business Opportunities in Lebanon:Agro-industry;
Industry;
Information Technology;
BPO;
Telecommunication;
Tourism;
Media and film industry.
Foreign Direct Investment in LebanonInvestment Development Authority of Lebanon (IDAL).
Case Study:Nayla Hayek ;
Ayah Bdeir ;
Lebanese largest companies;
INDEVCO.
Access to the Lebanese market;
Business Plan for Lebanon.
Objectives
The objectives of the subject “International Trade and Business in the Lebanese Republic” are the following:
To analyze the Lebanese Economy and Global Trade;
To know the business opportunities in the Lebanese Republic;
To explore the Lebanese trade relations with the country of the student;
To know the Lebanese Trade Agreements;
To examine the profile of Lebanese companies;
To develop a business plan for the Lebanese market.
Global Trade and Business in Lebanon
Related Education
Masterin International Business for the Lebanese Students .
International Trade and Business in Lebanon .
Preferential Access
Trade Facilitation
WTO (in process of accession);
Customs Convention on Containers ;
IMO
Istanbul Convention - not a member.
Hamburg Rules (Sea);
CIM & CIT Rules (Rail);
COTIF Convention (Rail) ;
BIC;
Chicago Convention (ICAO);
IRU
TIR Convention;
Guidelines on Safe Load Securing for Road Transport.
Is not a member of the WCO
Kyoto Convention.
Organizations
Arab League;
Summit of South American-Arab Countries;
Asia-Middle East Dialogue;
Islamic Development Bank;
ESCWA ;
OIC
Committee for Economic Cooperation;
Islamic Chamber of Commerce ;
Islamic Centre for Development of Trade;
Afro-Arab Cooperation;
BADEA;
Arab Development Funds;
Arab Trade Financing Programme .
UN
UNCTAD;
ITC;
UNCITRAL;
WIPO.
WB;
WTO;
IMF.
Lebanon
The Lebanese Republic :
With 5.8 million people, Lebanon has 75% of Muslim population and 25% of Christians;
The Lebanese Republic shares borders with Syria and Israel;
Arab and French are the official languages in Lebanon;
The capital of the Lebanese Republic is Beirut (1.8 million people), an important regional foreign trade Port ;
The main Lebanese cities are Beirut, Baabda, Saida, Baalbek, Zahle, Tripoli, and Nabatiyeh;
The headquarters of the Economic and Social Commission for Western Asia (ESCWA) are in Beirut (Lebanon);
Independence of Lebanon: 1946 (from France);
Lebanese Government: Parliamentary Democracy;
Area of Lebanon: 10,452 km²;
Human Development Index of Lebanon: 0.765.
Religion in Lebanon .
Islam Sunni is the main religion in Lebanon (75% population), the largest school of Islamic Jurisprudence is the Hanafi;
In Lebanon, there are about 1 million Maronites (Christians Catholics );
Beirut is divided between Christian and Muslim areas.
Lebanon belongs to the
Arab Economic Area (Islamic Civilization).
Economy
Lebanese Economy .
The Lebanese agricultural sector accounts for about 7% of the GDP;
The Lebanese industrial sector represents 22% of the GDP and the services sector 71% of the gross domestic product, highlighting the financial and commercial sector;
Top Lebanese public companies: Middle East Airlines, Electricity of Lebanon, Water Company, TV Lebanon Tobacco Company, and the National Wheat and Beet;
Currency of Lebanon: Lebanese Pound (LBP);
Unemployment Rate: 13%;
Labour Force in Lebanon: 1.6 million people.
Global Trade
International Trade of Lebanon .
Major supplier of the Lebanese Republic: the U.S. (11%), China (9%), France (8%), Italy (7%), and Germany (6.3%);
Major export destinations of the Republic of Lebanon: Switzerland, Iraq, Syria, and Saudi Arabia;
Machinery and electrical equipment accounted for 21% of the Lebanese exports, jewellery (13%), chemicals (11%), and food (7%);
Top Lebanese imports: Mineral fuels (27%), machinery (12%), transport
equipment (12%), and pharmaceutical products (4%).
Carlos Slim (Maronite of the Lebanese ascendency)
Safra (Judaism)
Ayah Bdeir:
Samples
Turkey -Lebanon Free Trade Agreement (FTA)
(c) EENI
(c) EENI Global Business School (1995-2023)
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