Official statistics show that the European Union is Lebanon’s largest foreign trade partner. Lebanese imports from EU member countries are valued at three billion euros per annum, reported Al-Hayat. This figure is equivalent to 45 percent of Lebanon’s total imports. Lebanese exports to the EU hit 150 million euros per annum, which is equivalent to Lebanon’s total annual exports. — (menareport.com)
© 2002 Mena Report (www.menareport.com)