Lebanon – Decline in exports expected to continue in 2013

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 The 15 percent drop in industrial exports in 2012 is expected to continue in 2013, said head of the Industrial Exports Promotion Council, urging the government to support industries. “It is of utmost importance to create a mechanism to subsidize shipping costs through a public fund. Subsidizing fuels is also necessary to boost the competitiveness of Lebanese products,” Khaled Farchoukh said.

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