Lebanon Finding Niche In International Food Market

By taking advantage of the growing market for ethnic and Mediterranean foods, some Lebanese companies are finally finding a niche market where they can prosper. Lebanon, like many other countries in the Middle East, has long posted a high trade deficit, due to the massive disparity between annual export revenues - US$1,782bn in 2004 - and import expenditure, which stood at US$8,885bn. In order to improve the situation, what the country needs is to develop a regionally and internally competitive export sector, that is neither labour nor energy

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