Lebanon

• Anthem: «The Lebanese National Anthem» was written by Rashid Nakhle and composed by Wadih Sabra.
• Official languages: Arabic.
• Geographical location: it is a country in Western Asia. It is bordered by Syria to the north and east and Israel to the south, while Cyprus is west across the Mediterranean Sea.
• Administrative divisions: Lebanon is divided into eight governorates which are further subdivided into twenty-six districts. The districts themselves are also divided into several municipalities, each enclosing a group of cities or villages.
• Capital: Beirut.
• Governance: Lebanon is a semi-presidential parliamentary democratic republic within the overall framework of confessionalism, a form of consociationalism in which the highest offices are proportionately reserved for representatives from certain religious communities. The President is elected by the Parliament for a six-year term and cannot be reelected again until six years have passed from the end of the first term.[5] The Prime Minister and Deputy Prime Minister are appointed by the President in consultation with the Parliament. Lebanon's national legislature is called the Assembly of Representatives.
• Population: 4.47 million.
• Currency: Lebanese pound.
• GDP: $59.37 billion.
• Time zone: GMT +2, GMT +3.
• Telephone code: +961.
• Barcode: 528.

Trade and economic cooperation between Belarus and Lebanon

Trade turnover between Belarus and Lebanon peaked at $104.25 million in 2009. In that year Belarusian exports amounted to $103.40 million primarily due to supply of metal products.

In the following years, Belarusian exports decreased, because of the fragile situation in Lebanon, caused by different attitudes of the main political forces to the armed conflict in neighboring Syria.

Dynamics of trade between Belarus and Lebanon (in million U.S. dollars)

In January — September 2016, trade turnover between Belarus and Lebanon amounted to $13.3 million, Belarusian exports increased by 135.5% to $191.2 thousand as compared to January — September, 2015. Belarus exported products of 22 commodity headings in small quantities, including plywood ($48.7 thousand), builders' joinery and carpentry of wood ($39.4 thousand), toys and puzzles ($29.1 thousand), prefabricated buildings ($21.0 thousand) and other goods.

In recent years, Belarusian exports decreased, because Belarusian metal products were less competitive than cheaper Chinese ones. In 2013, these products were supplied to the amount of $19.4 million, in 2014 — to the amount of $1.6 million. In 2015 — 2016 they were not supplied.

There are 98 companies with Lebanese capital in Belarus.

Belarus's most promising products to export to Lebanon:

• Vehicles;
• Metals and metal products;
• Electrical equipment;
• Pharmaceutical products;
• Furniture;
• Wood;
• Optical equipment;
• Articles of ceramics, rubber and plastics;
• Footwear;
• Clothing;
• Paper and articles thereof;
• Cosmetics;
• Tobacco goods;
• Groats;
• Meat and dairy products.

This article has been prepared on the basis of information provided by the National Centre for Marketing and Price Study of the Ministry of Foreign Affairs, and the Embassy of the Republic of Belarus in the Syrian Arab Republic, and taken from public sources. The information presented herein is for informative purposes only. In this regard, it may be useful for the companies, which have been working in Lebanon for a long time, as well as for those, which are going to enter this market. Any questions, feedbacks and comments concerning this article are welcome. All of them will be fully considered and taken into account, if possible. If you have any information that may be interesting and useful for the visitors of this page, please write to us.

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