UAE

March 1, 2000

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Investment OpportunitiesWhile many industries remain undeveloped in Yemen, many also offer good investment opportunities, excluding hydrocarbon exploration and production. They include, tourism, healt

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Lebanon entered into a number of international environmental agreements including the Convention concerning the Protection of Workers against Ionizing Radiations (Geneva, 1960); the Agreement for the

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Barriers to Trade and InvestmentLebanon is a country of free trade. There are certain goods, however, such as computer hardware and software, and firearms and munitions that require an import license.

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Income tax in Lebanon is levied on all persons or entities, whether or not residing in Lebanon, on income or profits derived in Lebanon. Income tax applies to income or profits derived from trade, com

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In 1967, following Britain's withdrawal from Yemen, the country segregated into two parts, with the National Liberation Front in the North and the communist People's Democratic Republic of Yemen (PDRY

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Lebanon is a signatory to the Paris Convention (London text), the Madrid Agreement for the Repression of False or Deceptive Indications on Goods (London text) and the Nice Agreement for the Classifica

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 Foreign CurrencyTrade barriers and obstacles are minimal in Lebanon. Foreigners may invest freely in many industries and sectors. Lebanese nationals are allowed to quote prices or to agree to pay in

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 Companies LawThe Lebanese Code of Commerce provides for the following types of business associations: unlimited partnerships, limited partnerships, co-partnerships, joint stock companies, limited par

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Lebanon is a democratic republic with a parliamentary system of government. Confessional groups and traditionally powerful clans dominate Lebanese politics. An informal system of power sharing among L

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PrivatizationThe government under Hoss is working to reduce public debt. The 1999-2000 budget seeks to reduce public debt to 85 percent of GDP by 2003 and plans a major privatization program. But many

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A large post-civil war political shake up stunned Lebanon when Prime Minister Hariri chose to resign in 1998, following a power struggle with the new President and former army Chief of Staff, Emile La

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The Gulf War resulted in serious environmental damage. Iraq’s mass destruction of oil wells, the huge oil spills caused by allied air strikes and the use of heavy tracked vehicles in the desert by bot

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Kuwaiti nationals have the right to join and to establish unions. Expatriate workers are allowed to join unions after a five-year residency term but only as non-voting members. Kuwaiti law forbids the